Friday, November 11, 2022

Hungary Blocks $21 Billion EU Aid Package To Ukraine

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels © Thomson Reuters  

Politico: Hungary infuriates EU with block on €18B Ukraine aid  

German Foreign Minister Annalena Baerbock warned Budapest not to “play poker” with the vital funds 

BERLIN — German Foreign Minister Annalena Baerbock slammed Hungary on Thursday for blocking €18 billion of EU financial aid to Ukraine, saying that Budapest should not "play poker" in an attempt to put pressure on Brussels in a separate rule-of-law dispute. 

Baerbock's protest echoed appeals from several EU diplomats who accused Prime Minister Viktor Orbán's government of blackmail. 

The European Commission on Wednesday proposed an €18 billion support package to help Ukraine keep its economy and public services afloat throughout the coming year and to restore critical infrastructure destroyed by Russian missile and kamikaze drone strikes.  

Read more ....  

Update #1: Brussels proposes EU support plan for Ukraine, Hungary says 'no' (Reuters)  

Update #2: Hungary Threatens to Block EU Joint Funds for Ukraine Aid (Bloomberg)  

WNU Editor: Hungary's opposition to this aid package was not expected.

1 comment:

RussInSoCal said...

How much of this 18B euro outlay is Hungary expected to shoulder?