THE Hungary is open to using the EU budget to provide an assistance package of 50 billion euros in Ukrainethe political director of Hungarian Prime Minister Viktor Orbán's office told X today.
The announcement comes hours after the Financial Times reported that Brussels plans to hit Hungary's economy if Budapest blocks new aid to Kiev during an emergency European Council summit this week.
Brussels has devised a strategy to target Hungary's weaknesses, its currency and erode investor confidence in the country with the aim of hitting “jobs and growth” if Budapest refuses to lift its veto on aid to Kiev. the newspaper explained, citing a document drawn up by European officials.
Notorious for his political confrontations with EU during the 13 years Orbán has been in power he has been reduced to strong critic of the bloc's support for Ukrainewhile boasting about strengthening his country's ties with Russiafollowing its invasion of Ukraine in February 2022. The text, obtained by the FT, notes that “in the event that there is no agreement on February 1, other heads of state and government will publicly state that in the face of unconstructive behavior of the Hungarian prime minister (…) they cannot imagine” how European funds will be given to Budapest.
Hungary's EU minister János Bóka told the newspaper that Budapest was unaware of the economic threat, but stressed that his country was “not bowing to pressure”.
Source: News Beast
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