• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Monday, September 25, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

After Hungary’s knockout punch, Brussels now Gets a Taste of Hellenic Strength

Ansh Pandey by Ansh Pandey
May 30, 2023
in Europe
Reading Time: 3 mins read
0
After Hungary’s knockout punch, Brussels now Gets a Taste of Hellenic Strength
287
VIEWS
Share on FacebookShare on Twitter

These days haven’t been very kind to the European Union. First, their greatest economic juggernaut went into a deep recession. And to make matters worse, the 27-nation bloc is finding it hard to keep everyone on the same page. 

The common consensus that Russia is the rude dude is still very hard to crack for Brussels as many nations simply refuse to adhere to orders.

Also Read

Russia’s Lithium Jackpot is set to shake up the EV World

Canada Set to Lose Est. $50 Billion Due to India’s Sanctions

The best illustration of this defiance: Hungary. Within the European Union (EU), concerns have been raised about Hungary and Russia’s friendship. Due to Russia’s dubious record regarding its assertive foreign policy, this close relationship has raised concerns among EU member states. 

The Known Bonhomie 

Hungary’s warm ties with Russia, particularly in the energy sector, have led to suspicions of undermining EU unity and solidarity.

Even after the Ukraine war, Hungary stood unwavering in its support for Russia. This led tensions between Germany and Hungary to reach boiling point during a recent foreign ministers’ meeting in Brussels, exposing a deepening divide within the EU. 

Source: The Global Capital

The conflict revolved around Hungary’s largest private bank, OTP Bank, which has become entangled in the Russia-Ukraine war. The implications of this dispute are far-reaching and pose a significant threat to the unity and stability of the EU.

But Hungary, being Hungary, didn’t back down from the threats. Now, the EU is planning to impose a trade embargo on countries that have been helping Moscow dodge sanctions. Ukraine has handed the EU a list of private companies involved.

Read More: Germany’s Threat of Sanctioning Hungary’s Biggest Private Bank Spells Doom for the EU

Greece comes to Rescue 

And to everyone’s surprise, Greece has now thrown its weight behind Hungary, delivering a low blow to the EU.

The EU’s 11th package of sanctions on Russia has stalled due to opposition from Greece and Hungary, who want their companies removed from a list of ‘war sponsors’ compiled by Kyiv, according to a report by POLITICO. 

Reportedly, two rounds of talks in Brussels ended without a deal in sight, as Kyiv’s infamous list of “sanctions evaders” and “international sponsors of war” proves to be the biggest obstacle. Greece has joined in the debate, stating that allegations of sanctions evasion could be “very damaging” to its economy.

The Greek government emphasizes that concrete evidence of violations needs to be investigated first before any appropriate action is taken.

Source: The Guardian

This pushback from Greece over the sanctions is quite poetic. Greece has avoided confrontations with obvious retaliation for many years. This is the first time Greece has publicly backed other countries.

Greece, which has only recently exited its debt cycle, is undeniably enraged at the EU’s demands made of it during crises. Additionally, Mitsotakis, the Greek prime minister, won the elections by an unexpectedly wide margin. Now that it is more powerful than ever, Greece glares angrily at the EU and openly declares that it will no longer allow Brussels to play with its sovereignty.

Read More: Saudi Arabia’s secret deal with Greece

EU’s days of dictating and schooling allies are over. The EU is now facing the consequences of its internal divisions and the defiance of member states. As Hungary and Greece stand firm against the EU’s actions, it’s clear that Brussels is not the absolute force it once believed itself to be.

Watch More: 

Tags: AthensEUGreeceHellenicStrengthHungaryHungaryVsBrusselsMitsotakisRussiasanctionsUkraineWar
ShareTweetSend
Previous Post

An utterly scared UK has issued a warning to its NATO Allies

Next Post

In just one year, Zelensky’s Bayraktar Fantasy has Fizzled Out

Also Read

Russia’s Lithium Jackpot is set to shake up the EV World

Russia’s Lithium Jackpot is set to shake up the EV World

September 25, 2023
Even The Most Pro-Migrant German Greens Party is Calling for a Crackdown

Even The Most Pro-Migrant German Greens Party is Calling for a Crackdown

September 25, 2023
Meet the EU’s Future Trump – It’s Not Who You Think!

Meet the EU’s Future Trump – It’s Not Who You Think!

September 25, 2023
Ukraine War Takes a Backseat as Biden Crafts a Peace Proposal

Ukraine War Takes a Backseat as Biden Crafts a Peace Proposal

September 22, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
The Drug Bust of Justin Trudeau in India which Ottawa is probably hiding

The Drug Bust of Justin Trudeau in India which Ottawa is probably hiding

September 15, 2023
Drugs for Sexual Pleasure? Trudeau launches his most Abhorrent Scheme

Drugs for Sexual Pleasure? Trudeau launches his most Abhorrent Scheme

July 11, 2023
Suez Anxiety? Biden Threatens Egypt as it joins BRICS

Suez Anxiety? Biden Threatens Egypt as it joins BRICS

September 19, 2023
3 possible reasons why Sophie dumped Justin

3 possible reasons why Sophie dumped Justin

August 3, 2023
B.C. was the first province to legalize drugs in Canada. The Results are ghastly

B.C. was the first province to legalize drugs in Canada. The Results are ghastly

August 18, 2023
Russia’s Lithium Jackpot is set to shake up the EV World

Russia’s Lithium Jackpot is set to shake up the EV World

September 25, 2023
Even The Most Pro-Migrant German Greens Party is Calling for a Crackdown

Even The Most Pro-Migrant German Greens Party is Calling for a Crackdown

September 25, 2023
Canada Set to Lose Est. $50 Billion Due to India’s Sanctions

Canada Set to Lose Est. $50 Billion Due to India’s Sanctions

September 25, 2023
Meet the EU’s Future Trump – It’s Not Who You Think!

Meet the EU’s Future Trump – It’s Not Who You Think!

September 25, 2023
How to Reduce Belly Fat

Trimming the Tummy: A Guide on How to Reduce Belly Fat

September 22, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.