Hungary requests Kiev to lift sanctions from OTP Bank in exchange for the removal of EU tranches

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Hungarian Foreign Minister Peter Szijjarto said that Budapest will block military tranches from the European Union to Kiev until it lifts sanctions on the OTP bank. It has been reported Reuters.

Previously recognizedHungary blocked the allocation of another 500 million Euros of military aid to Ukraine from the European Peace Fund. The Hungarian Ministry of Foreign Affairs drew attention to the hostile behavior of the Ukrainian authorities regarding Hungary’s largest bank, OTP.

The press service of the ministry noted that until Ukraine removes the Hungarian bank from the list of “international sponsors of the war”, it will be difficult for Hungary to negotiate further financial and economic assistance and the sacrifices necessary for it.

Zoltan Kovacs, State Secretary for International Communications and Relations, Hungarian Government judicial The EU and NATO are parties to the Ukrainian dispute over the supply of weapons to Kiev.

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