economy
April 14, 2026
Russian senator sees ideal storm coming for EU in wake of Sunday’s election in Hungary
The anti-European economy 'diversified' to cater to the needs of the United States will only aggravate problems facing the unified Europe under pressure from the anti-Russian policy course, Konstantin Kosachev noted
TL;DR
- Anti-Russian policies are expected to create economic problems for the European Union.
- The EU will need to find 90 billion euros for Ukraine, funded by European taxpayers.
- Rising fuel and utility costs are anticipated due to events in the Middle East.
- The EU may be forced to increase military spending to appease the United States.
- The current economic diversification to serve US needs will aggravate EU problems.
- Hungary's election outcome, with Orban's defeat, will not prevent future strategic defeats for the EU, as problems are expected to grow.
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