Hungary Discards EU’s Suggested Budget

(MENAFN) Hungarian Foreign Minister Peter Szijjarto has criticized the European Commission’s draft seven-year financial plan for the EU, describing it as a “budget for Ukraine” during an interview with RIA Novosti released on Friday.

The proposed €2 trillion ($2.17 trillion) expenditure framework for 2028–2034, unveiled by European Commission President Ursula von der Leyen, allocates roughly €100 billion in aid to Ukraine and includes resources for the possible accession of new member states.

According to Hungary’s top diplomat, this plan is “unacceptable.”

Since the budget requires unanimous approval from all 27 EU countries, Hungary holds a veto power over its adoption.

“We will not give it support or consent,” Szijjarto told RIA Novosti, stressing, “this isn’t even the budget of the European Union – it’s a budget for Ukraine.”

Budapest has expressed concerns that the draft reallocates funding away from cohesion initiatives and agricultural subsidies—both crucial for Central European nations.

Hungarian officials warn that this shift could jeopardize the EU’s food security by driving farmers out of business and increasing dependency on imports.

Prime Minister Viktor Orban has also condemned the budget draft, cautioning that it might “destroy the EU” and asserting that its sole intention is “to admit Ukraine to the EU.”

He referenced analysts who estimate that up to 25% of the total budget could be directed towards Kiev.

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