The Hungarian government will provide €187 million ($195 million) in financial aid to Ukraine.
Reuters writes about it.
According to the resolution of the Hungarian government, these funds are part of the EU support package in the amount of €18 billion, which should be provided to Ukraine in 2023.
Orbánʼs government has said it is ready to pay its share of support to Ukraine, but prefers to do so bilaterally rather than through joint EU borrowing. The Minister of Foreign Affairs of Hungary Peter Szijjarto should start negotiations with Ukraine regarding the preparation of the necessary documents.
- On November 9, the European Commission proposed a €18 billion support package to help Ukraine keep its economy afloat over the next year and rebuild critical infrastructure.
- Three officials told Politico that at a meeting of EU ambassadors, Hungary said it could not support the aid package. This creates a potentially fatal obstacle, as money for Ukraine cannot be allocated without the support of all 27 EU countries — due to budgetary rules that require unanimity.
- This position of Hungary caused disappointment in Brussels, Berlin and other EU capitals.