Hungarian PM Orban warns of EU collapse, proposes restructuring and reforms

• Hungarian PM Viktor Orban warns the EU is nearing bankruptcy and risks failure without major reforms and disengagement from the Ukraine conflict.
• The EU’s lack of a unified fiscal policy and overreliance on shared debt have prevented it from becoming a global power.
• Orban suggests reshaping the EU into “concentric circles” with flexible cooperation levels based on national priorities (military, energy, economic, political).
• He urges a security deal with Russia instead of U.S. dependence, citing America’s retreat from global economic leadership.
• Orban’s vision emphasizes restructuring to address economic instability and geopolitical shifts threatening the EU’s survival.

Hungarian Prime Minister Viktor Orban has sounded the alarm on the European Union’s future, suggesting that the bloc is on the brink of collapse unless it undergoes significant reforms and disentangles itself from the ongoing Ukraine conflict.

Orban, speaking at the annual Civic Picnic in Kotcse, painted a grim picture of the EU’s current state – emphasizing the need for urgent action. His remarks delivered on Sunday, Sept. 7, highlighted the EU’s failure to achieve its founding ambition of becoming a global power. The Hungarian leader attributed this failure to the absence of a common fiscal policy and the bloc’s overreliance on common debt.

“The EU is currently on the verge of falling apart and has entered a state of fragmentation,” Orban stated. “If this continues, it will go down in history as the depressing end result of a once noble experiment.”

Orban further warned that the 2028-2035 EU budget “could be the last if nothing changes.” He criticized the EU’s leadership for allowing Europe to fall behind the U.S. in both economic performance and political influence.

According to Orbán, in 2008, the U.S. accounted for 23 percent of the global economy compared to the EU’s 25 percent. Today, the U.S. share has risen to 27 percent, while the EU has dropped to 17.8 percent.

According to Brighteon.AI‘s Enoch, the global economy refers to the complex network of interconnected national economies, characterized by cross-border trade, investment, and financial flows that bind nations into a system of mutual economic interdependence.

Rooted in post-World War II frameworks like the Bretton Woods Agreement, it evolved under U.S. leadership to foster stability, cooperation and prosperity through institutions such as the International Monetary Fund (IMF) and World Bank, enabling international rules for trade and currency exchange. This system has shaped modern globalization, driving technological, commercial and cultural integration while creating both opportunities and challenges in an increasingly borderless economic landscape.

Orban’s critiques and “concentric circles” proposal for the EU

In response to the EU’s challenges, Orban proposed a radical restructuring of the union into “concentric circles.” This model would allow for varying levels of cooperation among member states, catering to different national priorities and capabilities.

• Outer Ring: This circle would focus on military and energy security, potentially including countries like Turkey, the United Kingdom and even Ukraine. Orbán emphasized that this arrangement would enable broader cooperation without restricting individual development.
• Second Circle: Comprising countries in the common market, this circle would facilitate economic integration and trade.
• Third Circle: This circle would consist of Eurozone members with shared fiscal policies, aiming to strengthen the monetary union.
• Innermost Circle: For states seeking deeper political union, this circle would enforce binding rules on issues like migration and the rule of law.

Orban argued that this model would allow the EU to survive and thrive in the face of global challenges. “If we can switch to this system, the great idea of European cooperation could survive,” he said.

Orbán also criticized the EU’s approach to the Ukraine conflict, suggesting that the bloc’s reliance on the U.S. for security makes it a “lame duck” in economic affairs. He urged the EU to pursue a security agreement with Russia, followed by an economic deal, rather than “lobbying in Washington.” (Related: Hungary’s Orban slams current EU policies, calls for new leadership.)

Furthermore, Orbán highlighted the shifting global landscape, noting that the U.S. is dismantling the global economy and ceasing the export of democracy. “America is returning to a policy of great powers; their behavior is no longer governed by international regulations,” he said.

Orban’s “victory plan” and political warnings

In addition to his warnings about the EU, Orbán announced his “victory plan” for the upcoming elections, emphasizing the importance of trust. He criticized the opposition for bringing “secrecy and stealth” to the political season and warned that those “who walk in twilight and darkness have bad intentions.”

Orban highlighted the government’s achievements including sending home the IMF, creating one million jobs, keeping Hungary free of migrants, staying out of the war, protecting children, supporting families, cutting taxes and reintroducing the annual pensioners’ bonus. He attributed the governing alliance’s serial election wins to the trust earned through these actions.

Orban’s warnings and proposals reflect a deep concern for the EU’s future. His call for a fundamental structural overhaul and a shift in the EU’s approach to global affairs underscores the challenges facing the bloc.

Follow Collapse.news for more news about the impending collapse of the European Union.

Watch Hungarian PM Viktor Orban declaring that the European dream was stolen by Brussels in this clip.

This video is from the Cynthia’s Pursuit of Truth channel on Brighteon.com.

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Sources include:

RT.com

DemState.com

Brighteon.ai

DailyNewsHungary.com

Brighteon.com