The European Union plans to “sabotage” Hungary’s economy by attacking its currency and access to capital markets over Prime Minister Viktor Orbán’s opposition to an additional 50 billion euros in funding for Ukraine, according to reports is reported to have been formulated.
According to globalist reports financial times The newspaper said a document prepared by the Council of the European Union (the federal body that sets the bloc’s agenda) shows that Brussels is targeting the Hungarian forint currency, threatening investors and “sabotaging” the country’s economy in an unprecedented way. has announced plans to do so.
The document states that the Hungarian economy is “highly dependent on foreign investment and EU funding” and that Eurocrats could do serious damage to the country’s economic stability. .
The plan comes amid an ongoing dispute between Budapest and Brussels over proposed €50bn ($54bn/£42.5bn) in additional aid to Ukraine. Prime Minister Viktor Orbán has largely opposed pouring more money into the conflict and is the only voice among European leaders consistently calling for peace talks between Kiev and Moscow.
The populist Hungarian leader said he would use his national veto to block the funding and dared to use the democratic powers given to his country to oppose further funding for the war. This caused anger among globalist factions within the region. There are even proposals to strip national veto rights within the EU to prevent further obstacles to the neoliberal policies supported by those in power in Berlin, Brussels and Paris.
The document reportedly stated, “If an agreement is not reached on February 1.” [summit]Other heads of state and government will also publicly declare so, given the unconstructive behavior of the Hungarian Prime Minister. . . They would never imagine that EU funds would be given to Hungary.
If this were to happen, the document goes on to predict that “financial markets and European and international companies may be less interested in investing in Hungary,” adding that Brussels’ action would be “immediate. “This could lead to further increases in the cost of financing the budget deficit.” It’s a currency depreciation. ”
“Bring Trump back!” Hungarian Prime Minister Orbán tells Tucker that only Trump can end the war in Ukraine and “save the Western world.” https://t.co/1OQf4px2sK
— Breitbart London (@BreitbartLondon) August 30, 2023
The EU Council declined to comment on the leaked plan to attack Hungary’s economy, but anonymous EU diplomats appeared to confirm the plan, saying: F.T.: “The atmosphere has become tense”, “What will happen to our union if we allow this kind of behavior?”
The EU has previously used economic measures against member states, including withholding coronavirus emergency relief funds from conservative countries such as Hungary and Poland, mainly due to disputes over LGBT issues and immigration. , the plans drawn up by the Council of the European Union are reportedly considered to be dramatic. escalation.
Mujtaba Rahman, European director at political consultancy Eurasia Group, said: It’s time to line up. You may have a pistol, but we have a bazooka. ”
Despite Eurocrats’ public displays of consternation, Budapest has offered a compromise on Ukraine funds, rather than giving Brussels a blank slate, as long as more funds are committed at least once a year. , has offered to support the latest round of funding. Check the war fund indefinitely. But EU leaders appear to have little interest in such a compromise, amid concerns that Hungary could use the annual vote to “blackmail” the EU into rolling back other issues, such as immigration. is.
In response to the EU’s alleged plans to attack its economy, Hungarian EU Minister János Boka said Budapest “will not bow to pressure.”
“Hungary has not established a link between support for Ukraine and access to EU funds, and other parties refuse to do so,” Boca said. “Hungary has and will continue to participate constructively in the negotiations.”
Not only is Hungary standing in the way of further funding for the Western proxy war with Russia, but it is also threatening EU chief Ursula von der Leyen and other globalists in Brussels with accelerating Ukraine’s accession to the EU. It is pouring cold water on expansionist ideas. time frame. Prime Minister Orbán said that given the negative economic impact on industries such as agriculture, continued corruption in Ukraine, and most importantly, the possibility that Europe could be drawn into an all-out war with Russia over Ukraine’s border disputes. He argued that doing so would be irresponsible.
Hungarian Prime Minister Orbán says Ukraine’s accession to the European Union is ‘light years away’https://t.co/1UK6B1GTcD
— Breitbart London (@BreitbartLondon) November 19, 2023
