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Hungary

Hungary’s place is in the EU – at least for the next decade: PM Orban

epa09781601 Hungarian Prime Minister Viktor Orban arrives at a European Union leaders last-minute summit to discuss the crisis between Ukraine and Russia, in Brussels, Belgium, 24 February 2022. A special meeting of the European Council was urgently convened to discuss the situation in Ukraine. Ahead of the summit, EU leaders issued a joint statement in which they 'condemn in the strongest possible terms Russia's unprecedented military aggression against Ukraine.' EPA-EFE/YVES HERMAN / POOL

Hungarian Prime Minister Viktor Orban on Monday raised the spectre of an “era of recession” in Europe as the continent grapples with surging energy costs and rising inflation due to the war in Ukraine.

Orban, taking his oath of office after being elected in April for a fourth consecutive term, took a typically bullish line towards Brussels, telling parliament it was “abusing its power day by day” by pushing back member states’ sovereignty.

Nonetheless, he said Hungary’s place was in the European Union for the next decade.

He also said Hungary would not block European Union sanctions against Russia over its invasion of Ukraine as long as they posed no risk to Hungary’s energy security.

Hungary, with a few other member states, has so far rejected the EU’s proposed current sanctions on Russian oil. Budapest says it wants hundreds of millions of euros from the bloc to mitigate the cost of ditching Russian crude. The EU needs all 27 states to agree to the embargo for it to go ahead.

via Reuters

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