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    Home > Headlines > Hungary's Orban says proposed new budget will 'ruin the EU'
    Headlines

    Hungary's Orban says proposed new budget will 'ruin the EU'

    Hungary's Orban says proposed new budget will 'ruin the EU'

    Published by Global Banking and Finance Review

    Posted on July 18, 2025

    Featured image for article about Headlines

    BUDAPEST (Reuters) -The European Commission's proposed new budget lacks clear strategic foundations and would ruin the European Union, Hungarian Prime Minister Viktor Orban told state radio on Friday.

    "This budget would ruin the European Union. This budget I believe will not survive even next year, the Commission will either have to withdraw it or the Commission will have to backtrack step by step," Orban said, criticising plans to allocate money to Ukraine and planned changes to farm subsidies.

    (Reporting by Krisztina Than; Editing by Jacqueline Wong)

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