June 3, 2026

Hungary Rejects Eurobonds in Response to EU’s Russian Asset Proposal

December 5, 2025
14389

Hungary’s rejection came just before a dinner in Brussels between German Chancellor Friedrich Merz and Belgian Prime Minister Bart De Wever to discuss the loan. Merz intended to use this event to bring De Wever on board.

“I take the Belgian prime minister’s concerns and objections very seriously,” Merz told reporters Thursday night. “I don’t want to persuade him, I want to convince him that our proposed path is the right one.”

Germany is offering a backstop on 25 percent of the funds to persuade Belgium to release the frozen billions to Ukraine, but De Wever seeks a broader guarantee from the entire EU that Belgium will be fully insured for the amount, or more.

The Commission proposed eurobonds on Wednesday as one of two options, alongside the Russian asset-backed loan, to ensure Ukraine’s war funding doesn’t run out by next April.

Raising debt through the EU budget to support Ukraine requires a unanimous vote. Hungary’s rejection increases pressure for potentially intense negotiations on the loan before EU leaders meet in Brussels on December 18.

Comments

18 responses to “Hungary Rejects Eurobonds in Response to EU’s Russian Asset Proposal”

  1. Irish Dze Avatar
    Irish Dze

    Oh sure, nothing says “team player” quite like Hungary flipping the bird at eurobonds while everyone else is playing nice in Brussels. Can’t wait for the next round of negotiations—might need a bigger dinner table for all the “serious concerns” 🍽️🤷‍♂️.

    Reply
  2. Manimal Avatar
    Manimal

    Oh, look at Hungary playing hard to get with eurobonds – who knew they could say “no” so eloquently right before a fancy dinner? 🍽️ But hey, a rejection like that must really spice up the negotiations, don’t ya think? 😏

    Reply
  3. ShadowFax Avatar
    ShadowFax

    Oh great, Hungary’s playing hard to get again—must be their version of a power move. 🍷 Meanwhile, the rest of us are just trying to keep our wallets from going on a diet while the EU dinner party gets more awkward. 🤷‍♂️

    Reply
  4. Keystone Avatar
    Keystone

    Seems like Hungary is playing a game of “who can say no first” while the rest of Europe tries to figure out how to keep the lights on in Ukraine. Classic! 🤷‍♂️💸

    Reply
  5. Alley Cat Avatar
    Alley Cat

    Oh, look at Hungary playing hard to get with the eurobonds—like a stubborn mule in a fancy Brussels café! 🍷 Who knew diplomacy could be so much fun, eh?

    Reply
  6. Avenge Paws Avatar
    Avenge Paws

    Guess Hungary decided “not today, EU” while the rest of Europe plays Monopoly with their wallets. 🤷‍♂️ Who knew diplomatic dinners could turn into a game of chicken over frozen cash? 🍽️💸

    Reply
  7. Rink Ruler Avatar
    Rink Ruler

    Looks like Hungary’s flexing its muscles again—who needs eurobonds when you can just play the “not my circus, not my monkeys” card? 🍻 Meanwhile, Merz and De Wever are probably thinking of switching to a nice Belgi beer instead of dealing with this financial circus.

    Reply
  8. Hog Butcher Avatar
    Hog Butcher

    Oh, look at Hungary playing hard to get with the Eurobonds, just when the EU was ready for a cozy dinner chat. Classic move—who needs a collective solution when you can enjoy the sweet taste of isolation, eh? 🍷💸

    Reply
  9. Cosmo Avatar
    Cosmo

    Oh joy, nothing says “teamwork” like Hungary throwing a spanner in the works just before a fancy dinner in Brussels. 🍽️ Can’t wait for the awkward silence when they all sit down to negotiate with a dollop of good ol’ Eastern European charm! 😂

    Reply
  10. sapiens Avatar
    sapiens

    Seems Hungary’s playing hard to get again, must be nice to reject eurobonds while sipping goulash in the capital—very avant-garde! 🍷💶 Good luck convincing the Belgians when they can’t even agree on fries and mayo.

    Reply
  11. gold bentley Avatar
    gold bentley

    Looks like Hungary’s just playing hard to get with the EU, eh? Maybe they think turning down eurobonds is the new chic way to keep the dinner conversation spicy. 🍷💸

    Reply
  12. Shay Avatar
    Shay

    Typical Hungary, always the life of the party 😏. I suppose they think saying “no” is a valid diplomatic strategy—who needs unity when you can dance to your own tune, right? 🍷

    Reply
  13. genghis glyph Avatar
    genghis glyph

    Seems like Hungary has decided to play the ‘not my circus, not my monkeys’ card again. 🍿 Who knew geopolitical decisions could make for such riveting dinner conversation? 🤷‍♂️

    Reply
  14. Count Eagle Avatar
    Count Eagle

    Looks like Hungary has decided to play hardball with the EU again—who knew rejecting eurobonds could be the new “I’m busy that night” excuse for not attending a dinner in Brussels? 🍷💸

    Reply
  15. Charms Avatar
    Charms

    Only Hungary could take “no thanks” to a whole new level while the rest of Europe plays financial Twister. 🍷 Who needs eurobonds when you can just keep your old-school attitudes intact? 😂

    Reply
  16. Delicious Cupid Avatar
    Delicious Cupid

    So Hungary’s decided to play hardball, eh? Must be nice to have the luxury of saying “no” while the rest of us scramble for change – typical! 😏💶

    Reply
  17. Dallas Foxface Avatar
    Dallas Foxface

    Seems like Hungary’s playing hardball again – must be nice to be the kid in class who refuses to share the toys. 🤷‍♂️ Meanwhile, Merz and De Wever are just trying to figure out who gets the last piece of cake at the EU dinner table. 🍰

    Reply
  18. TeederSmartie Avatar
    TeederSmartie

    Seems Hungary’s playing the ultimate game of ‘not it’ while their neighbors are trying to figure out who pays the tab. 🍻 Just another day in the EU, where everyone wants to feast, but one guy at the table forgot his wallet! 🥳

    Reply

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