EU Funds Ukraine Warfare For two Extra Years, Collateralizing Russian Frozen Property – CDM – Human Reporters • Not Machines

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The EU agreed to provide Ukraine with a €90 billion interest-free loan to cover military and budget needs for 2026–2027.

The money will be raised through joint EU borrowing and backed by the EU budget.

Ukraine is expected to repay the loan only if Russia pays war reparations; otherwise, the EU reserves the option to use frozen Russian assets in the future, reported Clash Report.

Hungarian Prime Minister Viktor Orban discussed developments below.


We have endured a long and challenging night.

We managed to avert the immediate risk of war. We did not allow Europe to issue a declaration of war on Russia by using Russian assets.

This plan would have dragged Europe into war and imposed a financial burden of 1000 billion HUF on Hungary. We succeeded in protecting Hungarian families from this. At the same time, 24 member states decided to grant a war loan to Ukraine for the next two years. If Ukraine is unable to repay the loan, those European countries will have to cover the repayment.

Thankfully, the V3 cooperation is active once again: Hungary, Slovakia, and the Czech Republic have decided not to get on that train. By doing so, we spared our children and grandchildren from the burden of this massive €90 billion loan. Hungary’s share of the war loan would have been more than 400 billion HUF.

The bad news is that war preparations are clearly continuing in Brussels. Hungary remains the voice of peace in Europe and will not let Hungarian taxpayers’ money be used to finance Ukraine. Only a government of patriots can guarantee peace and ensure that Hungarian funds are not sent to Ukraine. If there were a Brusselian government in Hungary, they’d push Hungary into war and spend every last dime on supporting Ukraine. We cannot and will not allow this to happen!





Source
Las Vegas News Magazine

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