Sun. Sep 8th, 2024

Totalitarian China has begun to rout the economy of the EU member state

Natasha Kumar By Natasha Kumar Jul26,2024

Totalitarian China has begun to destroy the economy of the EU member state

The looming record-high power borg of Budapest pcs In the future, it is increasingly going to Beijing for preparations, and even there they won’t extort reforms for pennies.

In the spring of this rock, Ugorshchina deposited 1 billion euros with three Chinese banks, Politico writes from the communications on this date. website of an ordinary trading agency.

The loan issued by the Chinese Bank of Development, the Export-Import Bank of China and the Ukrainian branches of the Bank of China will be issued on the 19th quarter and may be repaid over three years.

< p>Budapest itself was not announced for the sake of it. This was first reported in the fourth Ukrainian business publication Portfolio, and the information was later confirmed by the government agency.

Significant positions are created at the moment when Budapest loses its ties with Beijing. According to the Minister of Foreign Affairs of the Ugorsk Region, Peter Szijjarto, Chinese companies, including the electric vehicle manufacturer BYD and the technology giant Huawei, have invested nearly 16 billion euros in the country.

>“The loan facility allows financing investments in infrastructure and the energy sector. The benefit supports the growth of the sovereign borg to GDP at the level of 28.9%”, – reported to the senior agency in four countries after ZMI first wrote about the loan.

Travna Siyarto also spoke about the low level of infrastructure projects with China, including the high-speed railway to the Budapest airport, the opposite side line near the Ugric capital , oil pipelines between Ugorsk and Serbia, as well as nuclear fusion.

“We have developed a high level of political mutual trust. Our double-sided notes are the highest in history, and they have increased the price of gold,” – President Xi Jinping of China said in a statement before his visit to Budapest in Travni.

It’s been a long time since the Ugorshchina took over the head of the EU, Viktor Orban led the Chinese capital.

With the fragments of the powerful Borg of Ugorshchina reaching a record 140 billion euros (73.5% of GDP) and a budget deficit of 6.7% of GDP, Budapest will desperately require pennies. However, he still checks for frozen milliards of euro kostiv EU.

Prepared by: Nina Petrovich

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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