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PM Viktor Orbán’s government could receive billions in EU funds ahead of elections
If the European Commission approves Hungary’s loan application, Prime Minister Viktor Orbán’s government could receive an early tranche of up to EUR 2.43 billion (approx. HUF 950 billion) in EU funds in early 2026—a development that could benefit it during the final stretch of the election campaign.
Joint European armament funded by loans
The EU launched the SAFE program in spring 2025 in response to the deteriorating global security situation and the weakening of U.S. guarantees. From a total credit line of up to EUR 150 billion, EU member states can take out long-term, low-interest loans to finance defense development, arms procurement, and military industry investments.
However, this is not a grant but a favorable EU loan, similar to the financing available under the Recovery Fund for post-pandemic economic recovery.
The European Commission acts as an intermediary on the financial markets, allowing member states to borrow at much lower costs than they could on their own, thanks to the EU guarantee.
According to the Commission, 18 member states have requested SAFE funds so far, totaling more than EUR 127 billion.
The program is particularly valuable for Hungary, as it provides substantial low-interest financial flexibility for defense and industrial development in the coming years. While the loans are aimed at military investments, they could indirectly impact the broader state budget—a politically relevant factor with the 2026 elections approaching.
Hungary could qualify for 16.2 billion
In July, the Hungarian government expressed its intention to participate, and by late October, the European Commission had accepted its national defense investment plan for review. The document details how Hungary intends to use the requested loan, although the specifics have not yet been made public.
They are not “E.U. funds.” A lot of it is our money that we paid into the E.U.’s budget and are getting back. The rest we can view as money we get for putting up with continued membership in that ghastly monstrosity… – not that it’s an amount worth writing home about.
BOTH types of money come with severe strings attached. Even our own money that we’re getting back can only be spent in accordance with E.U.’s diktats. It really beggars belief.
Again your nonsense Steiner at 6:39 AM, come on. Make a coffee, prepare your breakfast!
Do something useful to planet earth!
Firstly, you are not Hungarian!, secondly, it is up to Hungarians to decide whether to stay or leave the Ghastly monstrosity!!!!
I’m not Hungarian either, but like Mr. Steiner, I dare to respond with my full name! It might be unhealthy, but I never eat breakfast in the morning!
Just another commentary of CRAP from Steiner Michael.
Never of Truth nor Facts just through his/hers membership of Fidesz, its “loyalty” to its Demigod, the destructor of Hungary – Victor Mihaly. Orban.
Spring of 2026 = HUMILIATION will be witnessed in the DOWNFALL of Victor Mihaly. Orban and the Fidesz Government.
That’s what the left-wing Democrats thought when Trump left office in 2020! For four years, America was plagued by a senile president!The vice president went down in history as a squealing, clueless cow! In 2024, however, the much-maligned Trump was back at the White House door!