ListNook

anders_hansson 5 days ago +15

I find the headline very confusing, and reading the article didn't help much. >Hungary has indicated readiness to reconsider its veto on EU financial aid for Ukraine if oil deliveries via the “Druzhba” pipeline are restored, which could unlock funding as early as this week. Isn't that what Orban said all along? What is new?

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HolyKnightHun 5 days ago +3

Rhetorical twist to farm support.

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JimTheSaint 4 days ago +1

That nobody believed him. They would repair the pipeline and then he would have something else. Now the money are being sent regardless of the pipeline and the pipeline will be fix regardless of the money as it should be

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anders_hansson 4 days ago +3

Is that what the article is saying? From another article: [Magyar has stated that his country will lift its veto on a €90 billion EU loan to Ukraine as soon as oil flows resume through the Druzhba pipeline](https://newsukraine.rbc.ua/news/hungary-s-election-w*****-sets-terms-for-1776244338.html)

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JimTheSaint 4 days ago +2

Yes, I saw an interview with Zelensky and he specifically said that he didnt trust Orban to fulfill his end of the deal. Because he was lying about so many things, including that Ukraine had "attacked" the pipeline, and that Ukraine wanted to start a war.

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anders_hansson 4 days ago +1

That makes some sense, although I didn't find that in this particular article, which honestly read almost like AI slop IMO (a cooked up summary without much news value). Or maybe I just read it wrong.

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JimTheSaint 4 days ago +1

It was a tv interview not article - and he was just very sincere about it - that they has more important things to use their repair people for - and that if Orban had shown in any way that he could be trusted then they would start repairs.

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anders_hansson 4 days ago +1

Although I fully understand that, it still sounds a bit weird. It feels like he didn't really have a choice,.given that if he doesn't get the money Ukraine would have to start shutting down parts of the state apparatus or print money (which would kill the currency), and in either case it would lead to a less resilient Ukraine.

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JimTheSaint 4 days ago +1

I think that if they if the Hungary election had not gone that way they would have found another way outside EU. With the same countries - same size loan. Of course they had a backup plan. Ukraine would have insisted on it since they close to being broke. It was just lucky that it went the way it did

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anders_hansson 4 days ago +1

Possibly (even likely), but that would have been delayed by several months, and it would have been a less "safe" option. There's a world of difference, politically and techincally, between taking a joint EU loan and taking many individual loans. E.g. the decisions would have to be taken at the national level, which includes political debate which opens up for opposition critique etc, and it would count against each country's individual credit rating, and so on. It would also be up to each country to deal with the debt. Would it count against the national budget? Can the same terms be used, e.g. with reapyment connected to Russia paying reparations to Ukraine and the frozen assets in Belgium being frozen until they do? I.e. more risks, more paperwork, more delays. In comparison, allocating some workers to fix the Druzhba pipeline seems like a lower risk to me (although I'm not the expert here).

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JimTheSaint 4 days ago +1

Absolutely - i assume that they had a plan because polls from Hungary right up until pretty close to the election showed orban winning. I assume they would be able to get a loan together or each country do their part - which countries do all the time and then just give it to Ukraine. I think the problem with fixing the pipeline would be the timeline. It will take about till the end of this month. Then if Orban kept his word great - but if he didn't which he there is no reason for them to expect that he would they would have lost another month maybe more and would still have to start making a new loan outside of EU. So maybe Ukraine would get the money too late

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big-papito 5 days ago +7

$90B is a lot of drones of various types, and a lot of dead Russian soldiers. JD Vance is going to be **very** upset.

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JimTheSaint 4 days ago +1

That money i belive is Ukraines administrative deficit for this and next year. It is money for the government and the army - and it's amazing to me because Russias economy is already cracking a lot, and now they know that if they need to last longer than Ukraine they not only have to hold out this year - but even next year aswell and hope that EU for some reason won't fund Ukraine longer. Putins entire strategy the minute the "3 day operation " didnt succeed was to keep puting Russians in the meat grinder and outlast Europe and the us and hope that they are busy with something else or the people was tired of all this war business. US stopped but EU luckily didn't. Now it's going to be atleast another 2-3 years of increasingly worse conditions for the Russian people

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sumregulaguy 5 days ago +5

How many billions will it unlock for Russia to continue the war? This is just ridiculous.

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JimTheSaint 4 days ago +2

Not so much Hungary is just a semi small country - 1/8 of Germany but the problem is that Orban walked them right to the edge of a cliff - he never prepared to use energy from anywhere else than Russia so no matter if the new government starts right away it will still take some time. EU could penalize them after a certain date byt maybe they will avoid it by actually starting the shift

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GabeIsGone 4 days ago +2

Has Magyar stated his energy policy yet? Is he actually going to pivot from Russian energy?

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CryptographerHot3109 4 days ago +1

He said something about wanting to reduce dependence, but he's not ready to stop trading with Russia as long as Russia exists.

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Irr3l3ph4nt 4 days ago +3

Yeah but opening the pipeline means Russia will receive comparable financing.

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Druzhba pipeline restart this week after Russian attack could unlock €90 billion in EU aid for Ukraine

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