![]() ![]() Without that funding, "financial markets and European and international companies might be less interested to invest in Hungary", the document says. The document suggests that if he does not back down then other EU leaders should publicly vow to permanently shut off all EU funding to Hungary. Hungarian Prime Minister Viktor Orban has said he will block the use of the EU budget to provide €50bn in financial aid to Ukraine. The EU has outlined a strategy to target Hungary's economy, drive a collapse in investor confidence and imperil its currency, according to the Financial Times. Hungary has been a thorn in the EU's side when it comes to decisions of providing aid for Ukraine, and it now appears the tussle between the two sides could escalate. A confidential plan drawn up by Brussels reportedly suggests the EU will go for Hungary's economy if Budapest blocks further aid for Ukraine this week. ![]()
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