Part 6/8:
The EU is positioned to borrow funds efficiently and effectively, a necessity considering the financial implications of rearming in response to geopolitical tensions. Initiatives such as securing a 150 billion EUR borrowing for European rearmament suggest a proactive approach to security concerns.
Hungary’s Veto Power and Consequences
Despite the push for a cohesive security strategy, Hungary's veto power poses a significant hurdle. Orbán's previous instances of exercising his veto have included blocking EU declarations supporting Ukraine and potentially obstructing the renewal of European sanctions on Russia. As a result, if Orbán continues to exercise his veto power to impede collective European security measures, a confrontation seems unavoidable.