this post was submitted on 29 Jan 2024
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EU threatens to hit Hungary's economy if Orban vetoes Ukraine aid (www.reuters.com)
submitted 9 months ago by 0x815@feddit.de to c/europe@feddit.de
39 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.

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[–] JubilantJaguar@lemmy.world 15 points 9 months ago (2 children)

They can't. Hungary was protected by Poland and now will be by Slovakia. The EU Commission can theoretically act independently but in practice, this is political. And the EU Council can only take official action if Hungary has no friends at all.

[–] gian@lemmy.grys.it 1 points 9 months ago

And the EU Council can only take official action if Hungary has no friends at all.

On the other hand, EU Council would not take action if Hungary has even only one enemy.

[–] SubArcticTundra@lemmy.ml 1 points 9 months ago

Yeah, that's the price they pay for not acting while the disease hadn't spread yet