The Prime Minister of Hungary, Viktor Orban, has revealed details about a letter received from the President of the European Commission, Ursula von der Leyen, requesting additional financial support for Ukraine, reported Privatbankar.
In a post published Wednesday morning, Orban specified that the amount requested by Brussels is “an additional 135 billion euros over the course of two years.” The Prime Minister compared this amount to “seven years of pension for all Hungarian pensioners,” emphasizing that it represents “65% of Hungary’s annual economic output and almost three quarters of the European Union’s annual budget.”
“It is more than impossible. It is absurd. This amount does not exist today. The magic potion from Brussels would again be the common European loan. So even our grandchildren would complain about the Russo-Ukrainian war. They ask us, the Hungarians, to contribute to this. From a country that is fined one million euros a day for not allowing the entry of migrants. From a country that is financially punished for having its own position on war and gender. This is more than impossible. It is absurd. Hungary’s response will not have to wait long,” Viktor Orban conveyed.
According to the cited sources, the European Commission seems to favor the option of EU common loans to finance the support given to Ukraine, although there are also other options, such as using frozen Russian assets or individual support from member states.