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We do not support the European Union indebting our children’s future

2022. 11. 29.

Today, the European Parliament’s plenary session has debated the EU’s decision to finance Ukraine with an €18 billion joint borrowing of the Member States. In his speech, MEP Tamás Deutsch, head of the Fidesz delegation in the European Parliament, stressed that Hungary’s position is a principled one against supporting any new joint EU borrowing. We do not want to put our children’s future in debt, and we do not want the EU to become a debt community.  

MEP Tamás Deutsch said that “our position is a principled one: we do not support any new joint EU borrowing, and therefore, we do not accept that we adopted the joint EU borrowing at the request of the EU as a non-precedent-setting, one-off, and extraordinary exception.

“We have had a tragic experience. First, the communists got Hungary into debt, and then, after 2002, the left-wing governments got us into debt again.”

The Fidesz MEP added: “We strongly condemn Russian aggression. We stand by the independence and territorial integrity of Ukraine. We are helping the Ukrainians by taking in one million war refugees under the Hungarian humanitarian aid programme, and we have spent 31 billion forints to support Ukraine. Hungary is ready to help Ukraine’s reconstruction and to provide the money from its national budget on the basis of a bilateral agreement with the Ukrainians.

MEP Tamás Deutsch stressed that “we do not want to put our children’s future in debt, and we do not want the EU to become a debt community. A common European future is not a common indebtedness.”