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Hungary’s Economy Threatened by EU Over Ukraine Aid Refusal

February 11, 2024
Hungary's Economy Threatened by EU Over Ukraine Aid Refusal
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Balazs Orban, an advisor to the Hungarian Prime Minister, has claimed that Hungary’s economy was directly threatened by European Union (EU) members during private conversations due to its refusal to approve financial assistance for Ukraine.

In an interview with the Express website, the advisor revealed that EU heads of state and government explicitly communicated this threat to Prime Minister Viktor Orban during phone discussions.

The Express referred to a recent Financial Times article discussing a leaked document suggesting the EU was pressuring Hungary.

However, representatives from Brussels have denied these claims. The advisor described the actions of EU leaders as akin to “political rape.”

Despite initial resistance, Budapest eventually agreed to provide aid to Kyiv, with the understanding that Hungarian requirements were considered, ensuring control over the funding process.

“We have won in this area. Now there is a governance mechanism in place, allowing us to monitor the use of funds and discuss it annually,” the advisor stated.

It is noteworthy that Hungary blocked a proposal during a Brussels meeting on Ukraine, held from December 14-15, to allocate €50 billion to the Kyiv regime.

In the same month, Hungary’s Prime Minister Viktor Orban suggested the EU should refrain from offering aid to Ukraine as a solution to the crisis, pointing out that the EU does not have the proposed €50 billion to transfer to Kyiv over the next five years.

Following Orban’s announcement, European Council President Charles Michel stated that EU member states would resume negotiations on providing new assistance to Ukraine “early next year.”

Michel told reporters, “I don’t want to delve too deeply into the details. I will work in the coming days and weeks with my colleagues to prepare for a summit at the beginning of next year.”

Tags: EUHungaryUkraine
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