: :inin Kyiv (EET)

The EU’s latest bargain with Hungary’s Orban unlocks aid to Ukraine

Prime Minister Viktor Orbán of Hungary, the authoritarian champion of what he calls Chinese and Russian-styled “illiberal democracy,” has rankled EU leaders over his vetos of EU aid to Ukraine and EU accession to the widely supported global minimum corporate tax agreement. But in order to get his hands on as much EU cash as possible in the years ahead, Orban has suddenly dropped the vetos in return for vital transfer payments from Brussels in a deal reached late on December 12.
Brussels, however, didn’t give Hungary much funding in return and continues to hold up more than €12 billion in… …read more

Source:: Peterson Institute for International Economics


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