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Frankly, I have to respect Victor Orban for draining all the money he could from the EU and then pivoting to Russia.
I used to attack him for signing all these agreements with the EU and basically handing over control of his country to them, but it was apparently all a big bluff, and he was always planning on switching sides when it became beneficial to him to do so.
Well-played, sir.
RT:
A gas price cap is a “bad” idea, but the EU may implement such a measure anyway, Hungary’s Foreign Minister Peter Szijjarto warned ahead of the bloc’s Energy Council meeting on Monday.
“We [Hungary] say no to the price cap because the safety of supply comes first,” Szijjarto said in a post on Facebook.
Setting a fixed maximum price on gas supplies would be “bad, harmful and dangerous, but it seems that it can be introduced despite this,” he wrote.
The foreign minister suggested that the upcoming session in Brussels is going to be “another big battle” for Budapest.
The bloc’s energy ministers have “probably never met so frequently” as they have been recently, Szijjarto pointed out, adding that “now the discussions are justified because there is an energy crisis in Europe.”
…
Russian President Vladimir Putin has previously warned that the country will simply stop supplying gas to the EU if the price ceiling is introduced, redirecting deliveries to Asian customers instead.
Right now would maybe be the right time for Hungary to just leave the EU.
HUNGARY'S FOREIGN MINISTER SZIJJARTO: IF THE GAS PRICE CAP IS ADOPTED, HUNGARY'S LONG-TERM GAS AGREEMENT WITH RUSSIA MAY BE MODIFIED WITHOUT CONTACTING OR INFORMING THE EUROPEAN COMMISSION.
— Breaking Market News ⚡️ (@financialjuice) December 19, 2022
Although that could get them invaded by the World Anal Cops.
Something is going to have to happen.
