by Martin Armstrong, Armstrong Economics:
The European Union is far from an actual union. Those at the top in Brussels make the decisions, and everyone is expected to adhere blindly. Viktor Orbán of Hungary has long fallen out of favor with the European Union for opposing the war in Ukraine. August is Hungary’s round to host the next EU summit, but foreign affairs ministers are refusing to attend.
Now, each member state has a chance to hold the presidency of the Council of the EU. August 28-29 was slated to be Hungary’s opportunity to share its ideas for matters like foreign policy with the rest of the bloc. EU Foreign Policy Chief Josep Borrell planned a “formal” council meeting on the exact dates of Hungary’s summit to undermine the country’s voice in the bloc.