KEY POINTS
  • Hungary on Monday accused the European Union of blackmail after a leaked document reportedly suggested that the bloc plans to sabotage Budapest's economy if it vetoes fresh aid for Ukraine.
  • "Hungary does not give in to blackmail," János Bóka, the country's minister for EU affairs, wrote in a post on X, formerly Twitter.
  • Tensions have been running high between the EU and Hungary after Prime Minister Viktor Orban vowed to block the use of the EU budget to give 50 billion euros ($54 billion) in financial aid to Ukraine.
Viktor Orban, Hungary's prime minister, arrives on day one of the European Union (EU) leaders summit at the EU Council headquarters in Brussels, Belgium, on Monday, May 30, 2022.

Hungary accused the European Union of blackmail after a leaked document reportedly suggested that the bloc plans to sabotage Budapest's economy if it vetoes fresh aid for Ukraine at a summit later this week.

Hungary's minister for EU affairs took to social media to lambast the paper drawn up by EU officials and cited Sunday by the Financial Times, which said that Brussels has developed a strategy to target Hungary's economic weak spots and undermine investor confidence over its blockade of funds to Kyiv.