Bloomberg learned that the EU is developing a plan for Ukraine in the event of a Hungarian veto

European Union (EU) countries are studying an alternative plan for financing Ukraine in the event that Hungary vetoes the €50 billion aid package, Bloomberg reported on November 9, citing sources.

The proposal would include national guarantees from member states to attract funding from markets if Budapest blocks a review of the EU's long-term budget, which includes aid to Ukraine.

As noted in the publication, the US Congress has reached an impasse on the issue of providing assistance to Kyiv, and lengthy conversations are causing concern among the Ukrainian government.