EU faces economic risks if it admits Ukraine

Bùi Đức |

The Hungarian Prime Minister warned that the EU's admission of Ukraine not only causes Hungary to go bankrupt but also carries risks for the bloc's overall economy.

RT reported that Hungarian Prime Minister Viktor Orban recently warned that Ukraine's entry into the European Union (EU) not only risks pushing the Hungarian economy into a "carsity" but also poses general economic risks to the entire bloc.

Mr. Orban also emphasized that Ukraine will not be able to become an EU member without the consent of Hungary in the context of the EU promoting the plan to admit Kiev by 2030.

Prime Minister Orban added that Hungarians will not accept the president in Kiev or officials in Brussels deciding to replace them in the future of the country. This means that Budapest will use its boycott to block Ukraine's EU entry process despite support from many other member states.

Responding to Mr. Orban's strong statement, Ukrainian President Volodymyr Zelensky cited the results of a public opinion survey in Hungary that 70% of the country's people support Ukraine's entry into the EU. Mr Zelensky affirmed that the Hungarian people are on Ukraine's side.

Thu tuong Hungary Viktor Orban. Anh: Xinhua
Hungarian Prime Minister Viktor Orban. Photo: Xinhua

However, the survey that Mr. Zelensky mentioned conducted by Hungary's opposition party Tisza in reality only showed 58% of the people supporting. Meanwhile, another survey conducted by Hungary's Nepszava newspaper recorded a lower rate, with 47% in favor and 46% against.

According to RT, admitting any country to the EU requires absolute consensus from all members. Hungary has repeatedly cited widespread corruption and issues related to the rights of ethnic minorities in Ukraine to protest the country's rapid admission.

Prime Minister Orban once declared Ukraine "one of the most corrupt countries in the world".

On Ukraine's side, it has identified the EU membership target as one of its top national priorities, and has formally applied for membership in February 2022, just days after the conflict with Russia escalated.

Despite receiving support from some member states, Ukraine's EU entry process still has no clear deadline. The European Commission stressed that Kiev needs to implement many extensive reforms in law, politics and economics.

Meanwhile, Russia - a country determined to opposes Ukraine's entry into NATO - has not opposed Kiev's EU entry goal. Kremlin spokesman Dmitry Peskov said in February: "That is the sovereign right of each country. This is an issue related to integration and economic processes, so no one can impose anything on any country, and Russia will not do that.

Bùi Đức
RELATED NEWS

EU takes drastic action against frozen Russian assets

|

The EU will allocate €3 billion from frozen Russian assets to compensate Western investors.

Two EU countries cross the fence to sanction Russian oil and gas

|

Hungary and Slovakia "break the fence" of the EU ban on Russian oil, while increasing imports of Russian gas via separate routes.

prospect of Canada's EU entry

|

A recent poll shows that 44% of Canads support the idea of joining the European Union (EU).

Affected by a series of violations, businesses still operate despite the ban

|

Phu Tho - Despite being involved in a series of violations and being asked to stop, the quartz powder production line in the brick factory in Van Xuan commune is still operating freely.

9th Hour No. 190: Short Happiness - Part 2

|

Hour 9 - Husband's career advancement suddenly strays to adultery. Facing cruel betrayal while being happy, how will the wife handle it?

Voters in mountainous Da Nang reflect on the worry of landslides, hoping to escape poverty sustainably

|

Da Nang - Voters hope that the commitments of National Assembly candidates will not only stop at promises but become long-term actions for mountainous areas.

US responds to news of Russia providing locations of US warships and aircraft to Iran

|

The Pentagon affirmed that US forces are monitoring the activities of Russia and Iran amid escalating conflict in the region.

Road worth over 1,300 billion VND in Hanoi completed all items in March

|

Hanoi - Ring Road 2.5 project, Dam Hong - National Highway 1A section, 1.6km long, with a total capital of over 1,300 billion VND, will complete all items in March 2026.

EU takes drastic action against frozen Russian assets

Khánh Minh |

The EU will allocate €3 billion from frozen Russian assets to compensate Western investors.

Two EU countries cross the fence to sanction Russian oil and gas

Ngọc Vân |

Hungary and Slovakia "break the fence" of the EU ban on Russian oil, while increasing imports of Russian gas via separate routes.

prospect of Canada's EU entry

Ngọc Vân |

A recent poll shows that 44% of Canads support the idea of joining the European Union (EU).