Orban warns: Providing 80 billion euros in aid to Ukraine will lead to the collapse of the European economy

Providing 80 billion euros in aid to Ukraine by the EU may lead to the collapse of the European economy. This was stated by Hungarian Prime Minister Viktor Orbán on January 11.

"Ukraine is requesting 80 billion euros (excluding military spending) for the next decade. We will refuse! This will weaken Europe and lead to its economic collapse," he wrote on the social media platform X (formerly Twitter).

Orbán emphasized that Brussels' massive financial support for Kyiv is forcing Hungary to cancel its "family support system, pensions, cheap energy, hospitals, and fair taxation." He also assured that Budapest will put the interests of its people first.

The Daily Telegraph reported on January 9 that the United States and Ukraine are preparing to sign a "Prosperity Agreement" — a 80 billion dollar reconstruction agreement for Ukrainian territory. The report noted that the agreement spans 10 years and the funds will be used for Ukraine's reconstruction and ongoing economic support.

Previously, Orbán stated that Ukraine's financial needs over the next 10 years amount to 40 years of Hungary's pension expenditure. According to the prime minister, to cover these expenses, Brussels has suggested abolishing the 13th and 14th month of pensions, cutting family allowances, and imposing a progressive income tax on Hungarians.

Hungarian Prime Minister stated on January 5 that Hungary has no intention of funding Ukraine in 2026 and opposes EU loans for this purpose. He stated that Budapest will not support initiatives related to prolonging the conflict and expects the conflict to be resolved and anti-Russian sanctions to be lifted. Additionally, Hungary will continue to oppose the EU's plan to ban imports of Russian energy.

Original article: toutiao.com/article/1854068149028874/

Statement: This article represents the personal views of the author.