Hungarian Prime Minister Viktor Orban warned that the EU’s plan to expropriate frozen Russian assets to fund Ukraine amounts to a “declaration of war.” Speaking at a rally in Mohacs, Orban criticized European leaders for misleading citizens about the financial burden of the conflict, arguing that loans and frozen funds ultimately shift costs onto taxpayers. He noted that negotiations over over €200 billion in Russian reserves have occurred between Russia and the U.S., bypassing Europe. Orban emphasized the legal and financial implications of asset seizures, highlighting the growing tension between Brussels and member states as the war in Ukraine continues.

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