Orbán: We can finance our projects, even with a loan from Asia

Orbán: We can finance our projects, even with a loan from Asia

Hungary is a stable country and everything that the government has planned for the next ten years can be financed from its own resources. This was announced in an interview with the public radio station Kossuth Rádió by the Prime Minister of Hungary Viktor Orbán after an extraordinary video summit of the European Union (EU), the topic of which was also the dispute between Brussels and Poland and Hungary over the Union budget.

Orbán attacked Soros again

The heads of state and government of the EU member states have not made progress in the dispute with these countries, which blocked the seven-year EU budget and the related recovery plan after the corona crisis, which means a financial package worth 1.8 trillion euros. Regarding the dispute, Orbán repeatedly noted that the new EU legal mechanism on the link between the use of Eurofunds and the rule of law serves essentially to enable Brussels to enforce tasks that Hungary rejects, such as the removal of border barriers or the admission of migrants. "The most corrupt person in world politics is George Soros (an American financier) who pays many politicians, including those who are now trying to blackmail Hungary and Poland with EU funding," he added. The Hungarian prime minister further emphasized that although he does not like foreign loans, he added that Hungary is currently on an economically stable footing and, unlike in the crisis year of 2008, now has the opportunity to draw favorable foreign loans, even from Asian markets.

Poland and Hungary vetoed the budget

Prior to the summit, Poland and Hungary indicated that they were vetoing a long-term budget and an extensive economic aid plan because they thought the rule of law mechanism would be used as an ideological weapon to punish them. If EU leaders fail to break the current stalemate by the end of the year, the Union will operate with limited financial resources from January, jeopardizing many programs for the benefit of people and businesses, including those that also benefit citizens and businesses in Poland and Hungary.