Hungary's Orban Supports EU Defense Financing but Opposes Joint EU Debt Ahead of March 20 Summit

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Updated Mar 14, 2025, 10:10 AM

Hungarian Prime Minister Viktor Orban has stated that Hungary is prepared to support financing for the European Union's defense initiatives. However, he firmly opposes the use of joint EU debt to achieve this goal. Orban's remarks come as EU leaders prepare for negotiations regarding defense funding, with a summit scheduled for March 20, 2025. He intends to urge Hungarian lawmakers to reject any proposals for shared borrowing during these discussions, asserting that Hungary will not participate in large-scale EU loans for defense purposes.

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Mario Nawfal

@MarioNawfal

🚨🇭🇺🇪🇺HUNGARY WILL FUND EU DEFENSE BUT WON’T BACK JOINT DEBT With EU leaders set for tough negotiations next week, Hungarian PM Viktor Orban made it clear he’ll urge Hungarian lawmakers to reject any shared borrowing plan ahead of the March 20 summit. While he has the votes to… https://t.co/DZFHceuegk https://t.co/nsNWVbzh1v

CGTN Español

@cgtnenespanol

Hungary opposes large EU loans for defense purposes, Orban said.

Bloomberg Markets

@markets

Hungary is ready to shoulder financing for Europe’s defense ambitions but it opposes using joint European Union debt to do so, Prime Minister Viktor Orban said https://t.co/2Hlz9qHNrl