Original Financial Times article (behind paywall)
The European Union will sabotage Hungary’s economy if Budapest blocks fresh aid to Ukraine at a summit this week, under a confidential plan drawn up by Brussels, the Financial Times reported on Sunday.
Brussels has outlined a strategy to explicitly target Hungary’s economic weaknesses, imperil its currency and drive a collapse in investor confidence in a bid to hurt “jobs and growth” if Budapest refuses to lift its veto on the aid to Kyiv, the newspaper reported, citing a document drawn up by EU officials.
Notorious for many bitter feuds with the EU during his 13 years in power, Hungarian Prime Minister Viktor Orban has become a vocal critic of the bloc’s support for Ukraine and boasted about his ties with the Kremlin since Russia went to war in Ukraine in February 2022.
The document seen by FT declares that “in the case of no agreement in the February 1 [summit], other heads of state and government would publicly declare that in the light of the unconstructive behaviour of the Hungarian PM . . . they cannot imagine that” EU funds would be provided to Budapest.
Based
Intra-EU trade war? That wasn’t on my Bingo card for this year
I still think it would be cleaner if they used the official mechanism for this, ie. stripping then of voting rights, rather than resorting to extra-legal tactics like these which is essentially just blackmail.
deleted by creator
They can’t. Hungary was protected by Poland and now will be by Slovakia. The EU Commission can theoretically act independently but in practice, this is political. And the EU Council can only take official action if Hungary has no friends at all.
Yeah, that’s the price they pay for not acting while the disease hadn’t spread yet
And the EU Council can only take official action if Hungary has no friends at all.
On the other hand, EU Council would not take action if Hungary has even only one enemy.
Ah! Secret EU plan against Orban! Well FT, if you don‘t produce more of this document, and any kind of proof that this is more than a research paper, I call BS. There is so little in this article supporting the monstrous claim that the EU is secretly planning to devalue Hungary‘s currency, that I get the feeling that this is the expression of an anti EU agenda by the FT itself. There you go, that‘s my monstrous assumption.
I am very skeptical about this.
Secret plans by the EU to hurt one of its own member countries? And the proof is a document seen by FT?
And rather than sanction Orban and his accomplices, or making it harder for his country to work against the EU, the plan supposedly is to harm from the bottom up? And in secret, even though decisions/resolutions are made by an open parliament of countries?
To me, this report sounds a little bit too much like those Russian “news” that you’d find on Sputnik & co. Perhaps even like preparation for another Brexit scenario where they fan resentment through misinformation and social media seeding (remember these terms? “red tape,” “Brussel bureaucrats,” “autonomy,” “it’s unreformable,” …).
This all seems so implausible.
They can’t cut funding but they can enact all that?
strategy to explicitly target Hungary’s economic weaknesses, imperil its currency and drive a collapse in investor confidence in a bid to hurt “jobs and growth”
How? Supposedly there is a document outlining all this, then why not mention how this is supposed to work?
And how are these plans supposed to compel Hungary to do something if they are secret?
