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The EU is ready to "precisely strike at the weak points of Hungary's economy" – Financial Times 01/29/2024 13:46:23. Total views 174. Views today — 0.

The British newspaper Financial Times reports that the EU is threatening Hungary's economy over its veto on aid to Kyiv. This information is conveyed by the Telegram channel "DW Glavnoe".

It is noted that tension is growing in the dispute between Brussels and Budapest over the allocation of €50 billion in EU aid to Ukraine by 2027.

According to these reports, EU authorities are prepared to "precisely strike at the weak points of Hungary's economy" if Budapest vetoes the financing for Ukraine at the EU summit on February 1.

Brussels has developed a strategy that aims to undermine the Hungarian currency and erode investor confidence to inflict damage on "jobs and economic growth" if Budapest refuses to lift the veto on providing aid to Kyiv, FT writes, citing a document developed within the EU.

"In this way, Europe is telling Viktor Orbán: 'The limit has been reached. It's time to fall in line. Maybe you have a pistol, but we have a bazooka'", - explains Majtaba Rahman, the head of the Europe department at the consulting firm Eurasia Group.

Hungary's Minister for EU Affairs, János Bóka, stated that Budapest is unaware of any potential financial threat from EU authorities. However, he emphasized that his country "will not yield to pressure".

As reported, Yermak and Kuleba began negotiations with the Hungarian delegation in Uzhhorod.