Because of Hungary’s stance, European Union diplomats are discussing proposals to attract emergency funding to Ukraine from outside the overall EU budget. The newspaper reports this Financial Times.
Hungary did not want to give up vetoing the 500 million Euro European Peace Fund aid package, which was previously critical for Kiev, as well as Russia’s military (20 billion Euro) and macro-financial (50 billion Euro) support packages. EU for 2024-2027.
In addition, the Hungarian side did not support the start of negotiations on Ukraine’s accession to the European Union at the EU summit on December 14-15.
The FT notes that Hungarian Prime Minister Viktor Orban’s position remains despite attempts by Ukrainian President Vladimir Zelensky and some EU countries to persuade him to change his views.
Sources told the newspaper that EU diplomats have begun private talks on the implementation and technical details of a possible financial package among the bloc’s other 26 members. This is expected to provide Ukraine with emergency funding for at least a year. However, the off-budget mechanism will require more time and financial costs.
One of the publication’s interlocutors said that no one wants to do this, but not having a plan B would be reckless.
Previously in the USA reputed The collapse of the counteroffensive of the Armed Forces of Ukraine.