Disinfo: According to experts, the EU risks losing Hungary

Summary

Amid growing uncertainty around Brexit, the EU risks losing Hungary as well. According to experts from Saxo Bank, after 15 years of membership, Budapest may declare its withdrawal from the association in 2020.

Disproof

This is an example of a popular pro-Kremlin narrative about the disintegration of the EU. You can read other cases such as "The EU is rotten and countries are leaving it", "Example of Crimea showed that there is no stability in Europe", "European Union is in the process of disintegration", etc.

The prediction about Hungary is one of the so-called "Outrageous Predictions" that Saxo Bank prepares for the year ahead. Meanwhile, RT is presenting it as "probable phenomena in the global economy". But in fact  "the report doesn't reflect the firm's official market forecasts for next year but rather focuses on "unlikely but underappreciated events" driven by disruption. The official website of SAXO explained: "Their consensus-smashing forecasts would send shockwaves through the markets if they come to pass. So will they prove pure fantasy or visions of reality?"

However, Hungarian Prime Minister Viktor Orbán stressed that Hungary has no plans to leave the European Union, adding that eastern and western members of the bloc must find a compromise over the bloc’s future.

publication/media

  • Reported in: Issue 178
  • DATE OF PUBLICATION: 03/12/2019
  • Language/target audience: Russian
  • Country: Hungary
  • Keywords: Euro-scepticism, EU, EU disintegration, Europe
  • Outlet: RT Russian, Tsargrad, Sputnik Moldova

Disclaimer

Cases in the EUvsDisinfo database focus on messages in the international information space that are identified as providing a partial, distorted, or false depiction of reality and spread key pro-Kremlin messages. This does not necessarily imply, however, that a given outlet is linked to the Kremlin or editorially pro-Kremlin, or that it has intentionally sought to disinform. EUvsDisinfo publications do not represent an official EU position, as the information and opinions expressed are based on media reporting and analysis of the East Stratcom Task Force.

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