Hungary is the only country in the European Union that is actually telling the truth about the state of the bloc.
RT:
The European Union has grown progressively weaker due to the response of Brussels to the Ukraine crisis, Hungarian Foreign Minister Peter Szijjarto said on Tuesday.
Speaking at the Bled Strategy Forum in Slovenia, Szijjarto argued that the EU had diminished so much, it now needed former Yugoslav states more than they needed to join the bloc.
The EU is “unfortunately, in very bad shape,” Szijjarto admitted, describing the situation as “worse than at any time in the past, in terms of security, economy and energy supply.”
The Hungarian official blamed this on “a series of failed measures” in response to the Ukraine-Russia conflict. Brussels, Szijjarto noted, chose to supply Kiev with weapons and therefore has not been able to make peace on the continent for the past 18 months.
Hungary has been consistently critical of the EU approach to the Ukraine conflict, refusing to participate in the program to train Ukrainian troops and banning the transit of military supplies through its territory. Budapest has also repeatedly called for peace talks with Moscow.
Sanctions against Russia have “killed European competitiveness,” shrinking the EU’s share of global GDP to just 17% – five points down from where it was in 2010 – while China’s share has doubled from 9% to 18%. Szijjarto argued that the EU policy of “de-risking” its relationship with China by cutting back on economic ties will only make this worse.
This is all 100 percent accurate. The sanctions on Russia were just ridiculous and stupid. The continent relied on energy resources from Russia but they threw it all away because of alleged Jewish democracy values in the Ukraine. Now the EU is effectively in an economic depression.
One has to wonder how much longer institutions like the EU and NATO can sustain themselves considering the economic situation. The future does not look good for them.
