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Free AccessOrban Speech on Foreign Policy Angers Allies
The Hungarian government is facing criticism from allies over Prime Minister Viktor Orban’s speech on foreign policy over the weekend.
- Addressing supporters at an annual retreat in central Romania on Saturday, Orban offered a vision of a new world order which includes backing from China and Donald Trump’s potential return to the White House. He also touched on familiar themes about a weak EU core.
- “I don’t think we’ll get a political and economic offer from the US that will give us better opportunities than EU membership,” Orban said. “If we were to get such an offer, we’d have to consider it. Orban also noted that Hungary had received an offer from China to participate in each other's modernisation, with China investing in Hungary and providing development resources, while offering Hungarian companies a presence on the Chinese market. "There's no better offer," he said.
- In response to the speech, the Polish Foreign Minister said the “selfishness” of Orban in dealing with EU partners has left the country isolated and weakened, while the US ambassador to Hungary said comments on “conspiracy theories” about the US are “hardly what we expect from an Ally.”
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.