We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Hungary Overpowered – EU To Ship $22B To Ukraine | Economics
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Economics > Hungary Overpowered – EU To Ship $22B To Ukraine | Economics
Economics

Hungary Overpowered – EU To Ship $22B To Ukraine | Economics

By Editorial Board Published March 25, 2025 3 Min Read
Share
Hungary Overpowered – EU To Ship B To Ukraine | Economics

The European Union has a “new normal” for bloc resolutions that now not require unanimous votes. Hungary adamantly rejects the proposal to ship $22 billion (20 billion euros) to Ukraine, due to this fact, the bloc instantaneously modified the principles and decided that unanimity is now not a requirement.

“The statement on Ukraine today will be issued as an annex on behalf of the 26,” mentioned one senior EU diplomat, granted anonymity to debate Thursday’s closed-door talks. “This is the new normal. And it is useful when it comes to political intent. Maybe down the line though we will encounter other problems.”

Hungarian politician Péter Szijjártó mentioned that his nation is not going to help “a pro-war stance” and vehemently believes that an extra support bundle will solely worsen issues. “We will not allow ourselves to be dragged into this, we will not allow Hungarian taxpayers’ money to be used to finance arms shipments to Ukraine. Instead, we support peace negotiations,” he wrote on Fb. He additionally famous that america had supplied Ukraine the choice to provoke a ceasefire deal that Zelensky infamously turned down.

Denmark, Sweden, Finland, Estonia, Latvia and Lithuania are actually calling for “concrete proposals on how to decisively advance Ukraine’s accession process” to hitch the EU. European Fee President Ursula von der Leyen mentioned she believes Ukraine might achieve entry to the bloc earlier than 2030. Within the meantime, Ukraine wish to take pleasure in the advantages that come together with being an EU member resembling duty-free commerce offers that permit them to undercut different members within the bloc.

european_union_flag_perspective_anim_500_clr_4611

The EU is heading towards failure as a result of it was by no means designed as a real financial union however moderately as a political mission pushed by bureaucratic elites who’ve little understanding of free markets or financial cycles. From its inception, the EU has been obsessive about centralizing energy in Brussels, stripping particular person member states of their sovereignty whereas imposing unrealistic financial insurance policies that are actually resulting in its unraveling.

Hungary, below Viktor Orban, has taken a unique path from the remainder of the EU. It has resisted Brussels’ mandates on immigration, vitality, and international coverage. Orbán has maintained robust financial ties with Russia and China, recognizing that Hungary’s vitality safety will depend on Russian oil and fuel. But, Brussels has the facility to override elected officers resembling Orban and dismiss the democratic course of fully. A number of unelected bureaucrats in Brussels now have final energy over the lives of everything of Europe—exactly why they created the union within the first place.

TAGGED:22BArmstrongEconomicsHungaryOverpoweredsendUkraine
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

‘Milestone’ approach might assist most cancers sufferers preserve hair throughout chemotherapy

‘Milestone’ approach might assist most cancers sufferers preserve hair throughout chemotherapy

Tech / Science
July 10, 2025
Luke Fahey leads Mission Viejo Excessive to personal passing event title

Luke Fahey leads Mission Viejo Excessive to personal passing event title

Mission Viejo Excessive’s offense is Luke Fahey’s now — and it may be one which’s…

July 10, 2025
3 hospitalized in 2-vehicle rollover crash in Lansing

3 hospitalized in 2-vehicle rollover crash in Lansing

LANSING, Mich. (WLNS) -- Three folks had been despatched to the hospital Wednesday night after…

July 10, 2025
‘A continuing recreation of cat and mouse’: Contained in the police crackdown on unlawful moped supply drivers

‘A continuing recreation of cat and mouse’: Contained in the police crackdown on unlawful moped supply drivers

The very first thing you discover when immigration officers cease a attainable unlawful moped supply…

July 10, 2025
A pub a day to shut this yr, business physique warns because it requires reduce to tax burden

A pub a day to shut this yr, business physique warns because it requires reduce to tax burden

An business physique has warned that the equal of a couple of pub a day…

July 10, 2025

YOU MAY ALSO LIKE

Former UK Prime Minister Returns To Goldman | Economics

The door continues to revolve at Goldman Sachs as former UK Prime Minister Rishi Sunak introduced he's returning to the…

Economics
July 10, 2025

Bulgaria Adopts The Euro And Abandons Financial Sovereignty | Economics

Bulgaria’s adoption of the euro is a significant step towards abandoning its remaining sovereignty. The European Union is akin to…

Economics
July 10, 2025

Market Discuss – July 9, 2025 | Economics

ASIA: The most important Asian inventory markets had a blended day right now: • NIKKEI 225 elevated 132.47 factors or…

Economics
July 9, 2025

The 2025 World Financial Convention – Save The Date! | Economics

We’re happy to announce that the following World Financial Convention will probably be held in: Orlando, Florida on November 21–…

Economics
July 9, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?