World News Intel

“Then Hungary would suffer Armageddon,” he added.

The prime minister said he had “no doubt” that the document, reported about in the Financial Times, was authentic. “Knowing Brussels, they’re capable of it,” he said.

Orbán has engaged in tense negotiations to extract concessions from the rest of the bloc in exchange for his support for the Ukraine aid package, which he was the only European leader to reject at a summit in December.

The proposed financial package would draw money from the European Union’s budget — meaning that it requires unanimous approval from EU leaders, including Hungary’s.

Hungary has since then offered to split the funding into annual tranches — a proposal that would effectively give Budapest the chance to block the EU’s funding to Ukraine every year.

Orbán’s strong-arm tactics are exasperating European chancelleries, which could consider depriving the Hungarian leader of his voting rights — but the Hungarian leader isn’t backing down.

Source link

Share.
Leave A Reply

Exit mobile version

Subscribe For Latest Updates

Sign up to best of business news, informed analysis and opinions on what matters to you.
Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!