Hungary Is Lone Veto Of EU’s €18BN Ukraine Aid Package

ER Editor: This is precisely why The EU Powers That Be want to replace veto voting (one dissenting voice scuppers the vote) with majority voting, which they cannot do at present because it would require a unanimous vote!. Hungary has not been given its Covid pandemic allowance while monies are being dished out to Ukraine. And why not? Because of ‘rule of law’ breaches by Hungary, allegedly. With the globalist EU, it’s their way or the highway, nation state be damned.

However, Orban is not refusing to grant aid to Ukraine on a bilateral basis, he says, that it’s all about EU debt accumulation, a reply which got Orban haters going on Twitter. This according to The Budapest Times from yesterday citing a tweet by Orban:

He continues:

2/3 We do want to convince #EU member states however that common EU debt is not the solution. If we continue to go down the road towards a debt community, we will not be able to turn back.

3/3 We envision a different future for Europe. One built on strong member states, instead of huge piles of common debt.

This Politico article explains that the Hungary veto technically requires at least some countries to go back to their respective Parliaments and seek budgetary guarantees for the aid, which takes time. See Hungary vetoes Ukraine aid, EU seeks alternative solution

Why on earth would Orban play ball with these people? And isn’t ‘aid to Ukraine’ a way for certain players to siphon off taxpayer funds?  

Zerohedge reporting below comes from the Washington Post …

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Hungary Is Lone Veto Of EU’s €18BN Ukraine Aid Package As Rift Deepens

Tyler Durden's Photo TYLER DURDEN

Viktor Orban’s Hungary has continued as a thorn in the side of European planners and policymakers, with the latest on Tuesday being a resounding veto on an 18-billion euro ($18.93bn) financial aid package for the Ukrainian government.

While the aid can still possibly and eventually reach Kiev, Hungary’s veto ensures a longer, drawn out and more complicated process if EU aid is to remain flowing – something which officials are still vowing to pursue.

Now a more technical solution will be sought, as Tuomas Saarenheimo, the chairman of the EU Council Economic and Financial Committee, described in Tuesday comments: “In the end, agreement was found on formulations that allow a flexible and quick way to deploy funds to Ukraine without fundamentally changing the way the EU manages its funds. I say agreement, but in the reality, that agreement was minus one.”

Image source: AP

And so Budapest as the lone dissenter has deepened its rift with Brussels, following similar deep disagreements over sanctioning Russian energy, which Hungary is almost wholly dependent on

Many nations see Orban’s tactics as a thinly veiled attempt to get the EU to release billions in regular funding and pandemic recovery cash that has been held up.

The EU’s 27 nations have until December 19 to make a decision, and EU leaders meet for a two-day summit next week, increasing the chances that the issues would still need to be grappled with later.

Some European officials are blasting Orban for holding the suffering Ukrainian people “hostage” with his resistance.

Daniel Freund, a member of the Green party and a parliamentary negotiator on the rule of law issue, was quoted in The Associated Press as follows: “Viktor Orban is abusing the veto like no one before him…. He even takes funds for Ukrainian hospitals hostage for this. He is escalating the situation completely.”

“The EU will find ways to support Ukraine even without Hungary. But that means: more time, more effort, more costs. Viktor Orban could not have given Putin a nicer present today,” Freund said, echoing prior charges that Orban is under ‘Kremlin influence’ – an accusation which was hurled even before Russia’s invasion.

Meanwhile the Financial Times is reporting Tuesday that the European Commission is mulling the imposition fresh sanctions on Russia’s mining sector, describing mining revenue as a key sector the Kremlin can tap into to keep funding the Ukraine war. Some specific products might be exempted, but it would bar all new investments in Russian mining.

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Source

Published to The Liberty Beacon from EuropeReloaded.com

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1 Comment on Hungary Is Lone Veto Of EU’s €18BN Ukraine Aid Package

  1. As a European i am SICK and TIRED of Ukraine, tired of this hysteria and supporting a thug criminal government.
    Billions for Ukraine, where is it going ? NOT to the people.

    My dad country GREECE is in shambles, buildings not demolidhed or half finished, graffiti on every wall in every city.. it’s a 3rd world sh1th0le.
    My Motherland country Holland, HALF of shopping malls are closed shops, glass windows with papers “FOR RENT” on it, because middle class can’t afford rent or electricity and run their buisiness.
    This Civilization is on a 1 way ticket to poverty and the EU and WEF PIRATES are the cause.. SICK of these scumbags.

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