Ukraine Conflict Has a High Economic Impact on Europe: Orban

Ukrainian military in Kharkiv hunt people down on the streets and forcefully send them to the front. Nov. 2024. X/ @Megatron_ron


December 20, 2024 Hour: 9:44 am

The Hungarian leader stressed the importance of establishing a lasting security system once the conflict ends.

On Friday morning, Hungarian prime minister said that ending the conflict in Ukraine is of primary economic interest for Europe.

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Speaking from Brussels, Orban said that “those farther away from the war can develop at a much greater pace than us Europeans, who are in the vicinity.”

He expressed his belief that European leaders “feel this too.” In Hungary, people “have had enough of this state of war, enough of the inflation, enough of the sanctions,” Orban said, adding that citizens want their national economies to return to the path of development.

The Hungarian prime minister stressed the importance of establishing a “lasting, predictable security system” once the Ukrainian conflict ends.

Orban highlighted the financial toll of the conflict in Ukraine, which has cost Europeans 310 billion euros (US$322.3 billion) to date, including the United States spendings.

This immense sum could have been invested in transformative projects, such as elevating the Western Balkans to European standards, fostering development in migration-source regions like the Sahel to curb migration, or strengthening Europe’s neglected military and defense capabilities, he said.

Orban expressed optimism that Europe is moving closer to achieving peace, particularly with a new U.S. president and a shift in transatlantic relations on the horizon.

He also proposed a symbolic Christmas ceasefire lasting two to three days, underscoring that peace is an attainable goal. Orban noted that he had convinced the Russian president to at least consider the ceasefire proposal.

teleSUR/ JF Source: Xinhua