Hungary Vetoes EU Plan To Raise Over $18 Billion In Funding For Ukraine

FILE PHOTO: Hungary's Prime Minister Viktor Orban arrives for the second day of the EU leaders summit in Brussels, Belgium, October 22, 2021. Olivier Hoslet/Pool/via REUTERS  

Euronews: Ukraine war: Hungary blocks €18 billion in aid for Kyiv and deepens rift with EU 

Hungary has blocked the approval of a new EU package of financial aid for Ukraine worth €18 billion, which the Kyiv authorities urgently need to cover their ballooning state deficit and keep the economy running against the backdrop of Russia's invasion. 

The aid is designed to be disbursed over the course of 2023, amounting to €1.5 billion per month. "Hungary is not in favour of the amendment of the financial regulation," Hungarian Finance Minister Mihály Varga said during a meeting of finance ministers on Tuesday. 

Read more .... 

WNU Editor: I guess this threat did not work .... EU Commission calls for freeze on €13bn funding for Hungary (BBC). 

Hungary Vetoes EU Plan To Raise Over $18 Billion In Funding For Ukraine  

Hungary blocks EU Ukraine aid, deepening rift with Brussels -- AP  

Hungary Vetoes EU Aid for Ukraine, Bloc Delays Decision on Funds for Budapest -- Reuters  

Hungary blocks Ukraine aid package, insists veto isn't related to EU sanctions -- FOX News  

Hungary vetoes Ukraine aid, EU seeks alternative solution -- Politico.eu

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