Hungary Blocks €50 Billion Financial Package for Ukraine

Published on December 15, 2023

Hungary has blocked a roughly €50 billion ($55 billion) European Union financial aid package for Ukraine shortly after EU leaders in Brussels officially began ascension negotiations with the war-torn country and its neighbor Moldova; a process that has long been sought by both nations. Taking to the social media platform X, formally known as Twitter, Hungary’s Prime Minister Viktor Orbán confirmed the veto on the long-term economic support package, which requires the unanimous support of all 27 EU member states. “Summary of the nightshift: veto for the extra money to Ukraine, veto for the MFF review [Multiannual Financial Framework]. We will come back to the issue next year in the #EUCO after proper preparation,” he wrote....

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