World News@lemmy.worldEnglish · 9 months ago

Secret EU plan ‘to sabotage Hungarian economy’ revealed as anger mounts at Orbán

www.theguardian.com

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Secret EU plan ‘to sabotage Hungarian economy’ revealed as anger mounts at Orbán

www.theguardian.com

breakfastmtn@lemmy.ca to

World News@lemmy.worldEnglish · 9 months ago

cross-posted to:
[email protected]

Brussels’ fury grows over Budapest’s ‘policy of blackmail’ in continuing to hold up £50bn support package

Officials in Brussels have reportedly drawn up a secret plan to sabotage Hungary’s economy if Viktor Orbán decides this week to again block a €50bn support package for Ukraine.

The plan, reported by the Financial Times, reflects the fury mounting across European capitals at what one diplomat called the “policy of blackmail” being pursued by the Hungarian prime minister, who leads the bloc’s most pro-Russia state.

The FT said the strategy involved targeting Hungary’s economy, weakening its currency and reducing investor confidence.

Orbán blocked the €50bn in Ukraine funds in December, forcing an emergency leaders meeting to be scheduled on Thursday to revisit the matter.

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