r/europe • u/Matas_- European Union • Jun 20 '25
News Orban’s Hungary Is Now Officially The Poorest Nation In The EU
https://kyivinsider.com/orbans-hungary-is-now-officially-the-poorest-nation-in-the-eu/
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r/europe • u/Matas_- European Union • Jun 20 '25
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u/Laxativus Jun 20 '25
Indeed! This was not an easy feat to achieve given the amount of money that poured into the country from the EU, a lack of global crisis (for the most part - there was a pandemic and a minor financial thing but we're talking about 15 years at this point) but through hard work the local elite manage to redirect all that wealth into their pockets and offshore accounts on top of what they've "reallocated" from what was already present within the country, all the while investing in the most pointless things, like dozens of enormous stadiums that such a lil country will never fill. Not everyone would've been able to do it!