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EU threatens to hit Hungary's economy if Orban vetoes Ukraine aid (www.reuters.com)

submitted 9 months ago by [email protected] to c/[email protected]

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Original Financial Times article (behind paywall)

The European Union will sabotage Hungary's economy if Budapest blocks fresh aid to Ukraine at a summit this week, under a confidential plan drawn up by Brussels, the Financial Times reported on Sunday.

Brussels has outlined a strategy to explicitly target Hungary's economic weaknesses, imperil its currency and drive a collapse in investor confidence in a bid to hurt "jobs and growth" if Budapest refuses to lift its veto on the aid to Kyiv, the newspaper reported, citing a document drawn up by EU officials.

Notorious for many bitter feuds with the EU during his 13 years in power, Hungarian Prime Minister Viktor Orban has become a vocal critic of the bloc's support for Ukraine and boasted about his ties with the Kremlin since Russia went to war in Ukraine in February 2022.

The document seen by FT declares that "in the case of no agreement in the February 1 [summit], other heads of state and government would publicly declare that in the light of the unconstructive behaviour of the Hungarian PM . . . they cannot imagine that" EU funds would be provided to Budapest.

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[–] [email protected] 0 points 9 months ago

I figure you're right, it really doesn't seem all that likely but it was just a thought that popped into my head.

But yeah, it's interesting to see what this current "turbulence" will lead to. Requiring consensus only has a chance to work if everyone is acting in good faith, so when a member state is well on its way to becoming essentially a dictatorship with aims that are directly at odds with the EU's goals, there's simply no way consensus will work.

It's interesting that the EU really doesn't have too many good mechanisms to do anything about bad-faith actors in the first place. Eg. using Hungary's funding as a lever has been tried, but because of the consensus requirement, Orbán can essentially hold decisions hostage until he gets what he wants.

Too many systems have been built with the implicit assumption that all participating actors are acting in good faith, and a single bad-faith actor can actually cause remarkable amounts of trouble because there's no mechanisms for stopping them