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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
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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.

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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
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