The European Union (EU) has reportedly devised a plan to sabotage the Hungarian economy if Prime Minister Viktor Orban vetoes an aid package for Ukraine worth tens of billions of euros.
The plan was revealed in a document drawn up by EU bureaucrats and shown to the Financial Times. It suggests that “in the case of no agreement in the February 1 [EU summit], other heads of state and government would publicly declare that in the light of the unconstructive behavior of the Hungarian PM… they cannot imagine” Hungary would be provided with its rightful share of EU funding.
The document predicts “financial markets and European and international companies might be less interested [in investing] in Hungary” after this punitive action, which “could quickly trigger a further increase of the cost of funding of the public deficit and a drop in the currency.”
“This is Europe telling Viktor Orbán ‘enough is enough; it’s time to get in line,’” a Europe consultant told the FT.
Orban’s minister for EU Affairs, Bóka János, warned on Monday that “Hungary does not give in to blackmail!”
On Tuesday, Orban made similar comments on X, writing: “Forget about the rule of law, Hungary is blackmailed for having a it’s own opinion on #migration, the war in #Ukraine and [gender propaganda]. We will defend our interests.”
We made a compromise proposal. In return, we were blackmailed by Brussels. The #Brussels blackmail manual was published in the @FT earlier this week. The cat is out of the bag. Forget about the rule of law, Hungary is blackmailed for having a it’s own opinion on #migration, the…
— Orbán Viktor (@PM_ViktorOrban) January 30, 2024