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IPFS News Link • European Union

"The EU Is On The Brink Of Bankrutpcy" Says Hungary's Orbán At EU Summit

• https://www.zerohedge.com, by Tyler Durden

Orbán is currently attending the two-day summit of EU leaders in Brussels, and one of the hottest topics is the question as to where the EU's budget money has disappeared to. The Hungarian prime minister said that the European Commission had submitted a budget amendment proposal asking member states to pay tens of billions of euros.

"The question arises: How did this situation come about and how did they bring the European Union to the brink of bankruptcy?" Orbán asked.

Orbán also noted that the EU is demanding more money from member states, although it is only two years into its seven-year budget. In other words, the money that was approved to be spent and was supposed to be there for the next five years has already been spent.


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