Brussels wants to hit the Hungarian economy. The EC’s shocking plan

If Hungary continues to block aid to Ukraine, the EC will hit the country’s economy. Brussels is expected to have an action plan ready.

The document was obtained by the Financial Times. It describes a strategy intended to take advantage of the weaknesses of the Hungarian economy, hitting the forint exchange rate and leading to a collapse in investor sentiment. All this to harm Budapest’s “labor market and economic growth” if the country continues to block 50 billion euros in aid to Ukraine – describes rp.pl.

According to the European Commission’s plan, if the aid is not unblocked at the European summit scheduled for February 1, the leaders of the EU countries would declare that “given Orbán’s unconstructive behavior, they do not see any possibility for Hungary to continue receiving EU funds. .” This statement is expected to lead to a collapse of the forint exchange rate and a rise in interest rates on Hungarian bonds. According to the authors of the plan, foreign investors without EU funds will not want to do business in Hungary.

Hungary wants to negotiate

Hungary’s European Affairs Minister Janos Boka told the Financial Times that the country will not give in to pressure. – Hungary has not established a link between its support to Ukraine and access to EU funds and rejects the establishment of such links by others. Hungary has and will continue to participate constructively in the negotiations, the politician emphasized.

It is also worth recalling that Viktor Orbán’s government sent a proposal to Brussels on Saturday stating that it would accept aid to Ukraine from the EU budget, including the issuance of joint debt for this aid, as well as to other conditions set by Hungary are met (including Budapest). wants to be able to withdraw from this support later). This was announced by Balazs Orban, the Prime Minister’s chief political advisor, on the X website. “Brussels is blackmailing Hungary as if there is no tomorrow, even though we have proposed a compromise,” says Orbán’s adviser.

Source: Do Rzeczy

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