Europe

8484 readers

1 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

Be nice to each other (e.g. No direct insults against each other);
No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
No posts linking to mis-information funded by foreign states or billionaires.

Also check out [email protected]

founded 1 year ago

MODERATORS

[email protected]

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]

35 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

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

Ah! Secret EU plan against Orban! Well FT, if you don‘t produce more of this document, and any kind of proof that this is more than a research paper, I call BS. There is so little in this article supporting the monstrous claim that the EU is secretly planning to devalue Hungary‘s currency, that I get the feeling that this is the expression of an anti EU agenda by the FT itself. There you go, that‘s my monstrous assumption.