{"id":614410,"date":"2025-12-05T19:21:42","date_gmt":"2025-12-05T19:21:42","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/614410\/"},"modified":"2025-12-05T19:21:42","modified_gmt":"2025-12-05T19:21:42","slug":"hungary-shoots-down-eurobonds-as-alternative-to-eus-russian-asset-plan-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/614410\/","title":{"rendered":"Hungary shoots down eurobonds as alternative to EU\u2019s Russian asset plan \u2013 POLITICO"},"content":{"rendered":"

Hungary\u2019s rejection came hours before a dinner between German Chancellor Friedrich Merz and Belgian Prime Minister Bart De Wever in Brussels to discuss the loan. <\/p>\n

Merz said he was planning to use the event to bring De Wever on board.<\/p>\n

\u201cI take the concerns and objections of the Belgian prime minister very seriously,\u201d Merz told reporters on Thursday night. \u201cI don’t want to persuade him, I want to convince him that the path we\u00a0are proposing here is the right one.\u201d<\/p>\n

Germany is offering a backstop on 25 percent of the funds to convince Belgium to send the frozen billions to Ukraine, but De Wever wants a broader guarantee from the whole EU that Belgium will be insured for the full amount, or more. <\/p>\n

The Commission proposed<\/a> eurobonds on Wednesday as one of two options, along with the Russian asset-backed loan, to ensure that Ukraine\u2019s war chest doesn\u2019t run bare as soon as next April.<\/p>\n

Raising debt through the EU budget to prop up Ukraine requires a unanimous vote, however. Hungary\u2019s rejection now raises the stakes for what are expected to be intense negotiations on the loan before EU leaders gather in Brussels on Dec. 18.<\/p>\n","protected":false},"excerpt":{"rendered":"Hungary\u2019s rejection came hours before a dinner between German Chancellor Friedrich Merz and Belgian Prime Minister Bart De…\n","protected":false},"author":2,"featured_media":614411,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7655],"tags":[17466,331,33108,52871,155245,20327,18421,1197,2441,332,7339,2663,657,1220,12923,335],"class_list":{"0":"post-614410","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-russia","8":"tag-asset-management","9":"tag-banks","10":"tag-economic-governance","11":"tag-economic-sanctions","12":"tag-european-monetary-union","13":"tag-eurozone","14":"tag-finance-and-banking","15":"tag-investment","16":"tag-markets","17":"tag-russia","18":"tag-russia-sanctions","19":"tag-sanctions","20":"tag-ukraine","21":"tag-ursula-von-der-leyen","22":"tag-valdis-dombrovskis","23":"tag-war-in-ukraine"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115668587843260364","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/614410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=614410"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/614410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/614411"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=614410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=614410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=614410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}