Friday, December 15, 2023

Hungary blocks €50bn of EU funding for Ukraine

Hungary has blocked €50bn ($55bn) in EU aid for Ukraine - just hours after an agreement was reached on starting membership talks.
"Summary of the nightshift: veto for the extra money to Ukraine," Hungarian Prime Minister Viktor Orban said after Thursday's talks in Brussels.

EU leaders said the aid negotiations would resume early next year.

1 comment:

  1. The European Council failed to approve the four-year program of budgetary aid to Ukraine worth 50 billion for the next four years, but hopes to reach consensus on the issue in January 2024, the Council’s President Charles Michel said.

    "We’ve just finished our meeting for tonight," he said. "We will revert to this matter early next year, and we will try to get unanimity."

    He said that only one country, Hungary, opposed this program.

    Besides, Sweden needs to secure its national parliament’s approval for Ukraine-related decisions in line with its domestic rules of procedure, Michel added.

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