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submitted 9 months ago by breakfastmtn@lemmy.ca to c/world@lemmy.world

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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[-] aew360@lemm.ee 12 points 9 months ago

Is there no process to kick Hungary out?

[-] thefluffiest@feddit.nl 16 points 9 months ago* (last edited 9 months ago)

They can also block Hungary from exercising its voting rights, essentially suspending their EU membership. But not kicking them out altogether

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this post was submitted on 30 Jan 2024
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