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The European Union started talking about the isolation of Hungary


Október, 27 2023
watermark Economic news

Hungary is under the close attention of European countries and is becoming more and more «lonely» in the EU due to its growing contacts with Russia and the position it takes on some key EU issues.


The Prime Minister of Hungary, Viktor Orban, is known for his desire to become a link between the West and the East. However, his close contacts with Russian President Vladimir Putin raise concerns among some European leaders. Hungary's support of the Russian position on various international platforms is particularly alarming for many.


The postponement of Sweden's accession to NATO also played a role in the growing isolation of Hungary. This event raised questions about the security of the EU member states, given Hungary's proximity to Russia. The results of the elections in Poland also influenced Hungary's position in Europe.


European diplomats expressed their concern about Hungary's position, especially in the context of discussions with Ukraine. However, despite all these concerns, European officials do not believe that tougher measures should be taken against Hungary now. They do not see an immediate threat to the EU from the Hungarian government.


Thus, for now Hungary continues its unique line of behavior in the EU, but future events may change this course.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.