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
3 comments:
Nothing is stopping the member states from donating 18 billion from their own respective budgets, without Hungary.
In fact it would be symbolically powerful to demonstrate that their support doesn't need to be obfuscated behind the veil of a transnational organization in order to come to pass.
I can hardly think of anything more democratic than that.
After all, that's what we're fighting for.
So basically the EU are a bunch of bullies supporting a war against Russia and using the Ukrainians as pawns and cannon fodder. Can it be boiled down to anything different than that? The European Union is going to be broken up as member states are going to be forced to look after their own constituents rather than the body as a whole. The biggest winners of this war will be the United States and Russia.
This is what the country which is the head of opec (organization of paprika exporting countries) can accomplish in Realpolitik terms.
Power that does not blink.
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