Hungarian Prime Minister Viktor Orbán is making headlines with his statements on the European Union’s aid package to Ukraine. He believes that the EU should reconsider a $50 billion loan to Ukraine.
Orbán thinks that if the US stops supporting Ukraine, Europe alone cannot afford to finance its defense. This means that the war might not be going in Ukraine’s favor, according to Orbán.
In addition to this, Orbán is urging the EU to rethink their sanctions against Russia. He believes that these sanctions are making energy prices too high for European companies. He thinks that lowering these prices should take priority over maintaining sanctions.
Hungary and Russia have a close relationship, with Hungarian Prime Minister Viktor Orbán being one of Russian President Vladimir Putin’s closest allies in the EU. This might explain why he has been vocal about his opposition to sanctions against Russia.
Orbán pointed out that energy costs for American companies are four times lower than those for European companies. He believes that this is because of the US’ relaxed economic restrictions on Russia, and thinks that similar changes should be made in Europe.
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