Hungary blocks tranche of EU aid to Ukraine – RMF

Hungary has blocked the 7th tranche of EU aid to Ukraine. This is reported by RMF FM with reference to a high-ranking European diplomat.

According to him, the European Peace Fund (EPF) was supposed to allocate about half a billion euros for these purposes.

On Monday, a meeting of EU foreign ministers will take place, where they can put pressure on Budapest, RMF notes. Hungary's veto outrages European diplomats, as it favors Russia and has no other basis.

At the same time, the European Union has a backup plan, as in the case when Hungary blocked 18 billion euros of macro-financial assistance to Ukraine in early December. At that time, the EU wanted to adopt a legal act that would allow aid to be sent around Hungary, in the end, the country relented, and the aid package was adopted. It is difficult for a small pro-Russian state that has exceptions to all sanctions to dictate its position to the entire EU, the diplomat said.

On December 10, the EU Council approved a €18 billion loan to Ukraine in 2023 with a 10-year grace period.

Exit mobile version