London Daily

Focus on the big picture.
Sunday, Oct 18, 2026

EU heading for ‘war economy’ - Orban

EU heading for ‘war economy’ - Orban

Hungarian Prime Minister Viktor Orban has lambasted an EU plan to reduce gas consumption by 15%. Unless the bloc pushes for peace in Ukraine, he warned that Europe will face an energy crisis, a recession, and political turmoil.
Speaking following a meeting with Austrian Chancellor Karl Nehammer in Vienna on Thursday, Orban said that Hungary determines its own energy policy, and any attempt by Brussels to interfere with this “will not find favor with the Hungarians.”

Earlier this week, in anticipation of a cutoff in supply from Russia the EU’s member states agreed on a range of measures to cut their gas consumption by 15% over the winter. The voluntary measures – including a switch to alternative fuels and rationing for household consumers – could become mandatory should the EU declare a state of emergency.

Hungary was the only one of the EU’s 27 members to oppose the plan. Declaring it “simply impossible” to go without Russian energy, Foreign Minister Peter Szijjarto traveled to Moscow last Thursday to negotiate the purchase of an extra 700 million cubic meters of Russian gas.

“Our people don’t like that kind of thing,” Orban said on Thursday, referring to the EU plan. "If Brussels has a say in what to do with our own energy, regardless of Brussels' good intentions or bad intentions, it will not find favor with the Hungarians.”

Orban, who has heavily criticized the EU’s sanctions on Russia, said that he would attempt to “convince Brussels to create a strategy that is good for the Ukrainians, the EU, and EU households.”

The fact that Brussels is already implementing energy rationing suggests that Europe is moving toward a “wartime economy,” Orban said, adding that unless peace is reached in Ukraine, "we will not be able to solve any problems, there will be no energy, and the entire European Union will be pushed into an economic situation of war.”

The Hungarian premier noted that an energy crisis would also lead to a recession and political instability across Europe.

Hungary has refused to send weapons to Ukraine or allow Western arms to enter Ukraine from its territory. In a speech last week, Orban declared that the rest of the world is “demonstratively not with” the West on sanctioning Moscow, and insisted that the conflict in Ukraine “will end when the Americans and the Russians come to an agreement.”
Newsletter

Related Articles

0:00
0:00
Close
First Minister Rhun ap Iorwerth Confirms Constitutional Discussions Over Welsh Independence During Initial Bilateral Call with Prime Minister
Labour Party Instructs Local Council Groups to Sever Power-Sharing Accords with Green Party Over New Controversial Policy Positions
Institute for Fiscal Studies Warns of Thirty-Five Billion Pound Fiscal Gap Ahead of Chancellor John Healey Upcoming Autumn Budget
House of Lords Backs Landmark Legislative Amendment to Decriminalize Abortion Across England and Wales
United Kingdom Defence Secretary Wes Streeting Travels to Pentagon for High-Level Strategic Talks Amid Escalating Tensions Over Ukraine and United States Policy Shifts
Bank of England and International Monetary Fund Officials Issue Urgent Warnings Regarding Potential Artificial Intelligence Financial Market Shocks
Reform UK Faces Severe Political Fallout and Scrutiny After Undercover Media Investigations Reveal Systemic Racism Among Candidates
Former Democratic Unionist Party Leader Jeffrey Donaldson Sentenced to Fifteen Years in Prison Following Landmark Child Sexual Abuse Trial
House of Lords Votes to Amend Schools Bill Implementing Comprehensive Social Media Ban for Children Under Sixteen Years of Age
International Monetary Fund Upgrades United Kingdom Growth Forecast for Two Thousand Twenty-Six While Warning of Energy-Driven Inflation Pressures
Competition and Markets Authority Launches Formal Inquiry Into Corporate Artificial Intelligence Partnerships
Automotive Industry Leaders Urge Westminster to Accelerate Electric Vehicle Charging Infrastructure Rollout
Home Office Expands Digital Border Security Framework With Mandatory Electronic Travel Authorizations Across United Kingdom
Northern Ireland Executive Reaches Final Consensus on Public Sector Pay Reform and Budget Allocations
Welsh First Minister Secures Additional Funding for Rural Agricultural Transition and Sustainable Farming Schemes
Scottish Government Unveils Accelerated Regional Infrastructure Strategy to Boost Clean Energy Manufacturing
National Health Service England Launches Emergency Recruitment Drive to Alleviate Severe Acute Care Winter Backlogs
Bank of England Monetary Policy Committee Signals Cautious Approach to Interest Rate Reductions Amid Persistent Wage Growth
British Government Finalizes Emergency Energy Support Package to Protect Households From Winter Price Surges
Russell Brand Trial Begins at Southwark Crown Court
UK Parliament to Debate Climate Risks and Council Tax Following Public Petitions
Department for Transport Demands Safety Audits Following Regional Rail Disruptions
House of Lords Scrutinizes Amendments to Armed Forces Bill
Devolved Administrations in Scotland and Wales Criticize Post-Brexit Funding Framework
Prime Minister Andy Burnham Defends Middle East Military Support Under Parliamentary Scrutiny
NHS Leaders Warn of Severe Pressure on Hospitals from Winter Virus Outbreaks
Retailers and Business Groups Lobby Chancellor for Relief from Rising Employment Taxes
City of London Taskforce Urges Radical Reform to Prevent UK From Becoming "Incubator Nation"
Bank of England Officials Signal Potential November Interest Rate Hike
Institute for Fiscal Studies Warns of £35 Billion Funding Gap in Upcoming Autumn Budget
IMF Upgrades UK Growth Forecast to 1.3% for 2026
Former UUP leader Jeffrey Donaldson sentenced to 15 years in prison for historical child sex offences
UK ministers adopt independent commission blueprint to fast-track AI in the NHS
Labour leadership orders local councillors to end power-sharing deals with Green Party
UK government considers regulatory intervention in proposed Sky and ITV merger
Environment Agency declares severe drought across six English regions as reservoirs hit critical lows
NHS England issues new guidance prohibiting transgender women from female-only wards
Norwegian teenager sentenced to 20 years for part of Iran-backed assassination plot in Britain
UK government threatens complete visa ban on Eritrea over refusal to accept deportees
UK Treasury lobbies UBS to move global headquarters to London amid banking sector tax threats
MI5 Warns of Growing Russian Sabotage and Espionage Threats Across Britain
UK Prime Minister Andy Burnham Plans Brussels Talks to Renegotiate Post-Brexit Trade Deal
MI5 Warns of Rising Russian and Iranian Sabotage Threats to British Military Facilities
UK Prime Minister Andy Burnham Pledges Closer EU Ties as MI5 Reveals Russian Brexit Interference
UK Orders Security Review Following Reported Killing of Former Politician Ann Widdecombe
UK Prime Minister Andy Burnham Meets German Chancellor Merz to Strengthen European Security Ties
Nearly 100,000 NHS Patients Treated in Hospital Corridors as England Braces for Winter Pressures
UK Government Rejects US-Russia Diesel Agreement and Reaffirms Sanctions Against Moscow
UK and Germany Agree to Deepen Security and Economic Cooperation Following Berlin Talks
British Prime Minister Burnham Pledges Closer EU Ties During Visit to Germany
×