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PM Orbán: We should not be financing war, but peace

In a live interview from Brussels, Prime Minister Orbán declared the European Union’s proposal to hand over frozen Russian assets to Ukraine a "dead issue" and "nothing short of a declaration of war." The prime minister underscored Hungary’s rejection of any plan that could implicate the country in what he views as a dangerous escalation of the Russia-Ukraine conflict.

"According to the latest I’ve seen, there are enough opposing countries to form what’s called a blocking minority," said Prime Minister Orbán, referring to the EU decision-making process. "So I think this issue is dead." While acknowledging that “rear-guard actions” might continue, he added, “I believe this is off the agenda now. The whole question needs to be reconsidered from the ground up: how to move forward?”

Speaking on the possibility of a joint EU loan to support Ukraine, the prime minister was unequivocal. "Hungary cannot support a joint debt that creates financial obligations for us,” he stated. Under Hungary’s constitution, the government may only agree to debt arrangements with parliamentary approval. “I do not have such authorization,” he said. “And I don't think any prime minister in Hungary will ever get parliamentary approval to indebt Hungary through a European Union loan.”

PM Orbán emphasized the difference in approach: "We should not be financing war, but peace. I am trying to steer things in that direction today—towards peace, not war."

Turning to recent events in the European Parliament, Prime Minister Orbán raised alarm over a new proposal aiming to ban the use of Russian gas and oil across all member states. "If this passes, we won’t be able to protect utility costs,” he warned. “Family energy bills will double or even triple." He praised Hungarian MEPs for their defense of national interests: “Our Fidesz-KDNP representatives stood up and fought for Hungary. Others, unfortunately, did not. The Tisza Party simply disappeared—they chose to pretend they weren’t even there.”

The prime minister also stood firmly with European farmers. "They’re 100% right,” he said, pointing to two major concerns: the Mercosur trade deal and the EU’s Green Deal regulations. “Mercosur kills farmers. It’s like shooting them in the leg, then tying their legs together so they have no chance in global competition.”

On the constitutional risks of the EU’s foreign policy shift, Prime Minister Orbán was blunt: "Two countries are at war—Russia and Ukraine. And the plan is for the EU to seize assets from one side and give them to the other. That’s a declaration of war. It oversteps any mandate we have."

In closing, he reiterated his guiding principle: "We must stay out of this war. We must work for peace."