The US wants additional guarantees regarding its share of the G7’s loan to Ukraine. The US wants to receive an additional premium on its share of Ukraine’s €45B loan to compensate for the sanctions-related risks that this agreement carries, wrote Politico. The premium being neg... #G7 #HungaryVeto #LoansForUkraine #RussianAssetsArrested #RussianAssetsProfits #SanctionsAgainstRussia
A threat to the European Peace Facility: EU countries’ positions on bypassing Hungary’s veto are divided. France and Germany do not support an offered proposal to bypass Hungary’s veto, which would block the allocation of more than €6B in aid to Ukraine. The European External Action Service has prop... #EuropeanPeaceFund #France #Germany #HungaryVeto #MilitaryAidforUkraine
The European Council insists on freezing Russian assets until the end of the war, but Orbán will not allow the sanctions regime to be adjusted. The conclusions of the European Council that were approved following a meeting with the participation of EU leaders on October 17 in Brussels emphasize the importance of fulfilling commitments to prov... #G7 #HungaryVeto #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #VictorOrban
Orbán threatens to block the loan for Ukraine to help Trump win the election. Hungarian Prime Minister Viktor Orbán is threatening to block aid to Ukraine to assist Donald Trump in the US presidential race by scuttling the $50B loan proposed by Ukraine’s allies. This woul... #DonaldTrump #G7 #HungaryVeto #LoanForUkraine #USelections #VictorOrban
The EU promises to provide Ukraine with a €35B loan by the end of the year and is looking for ways to circumvent Hungary’s veto. EU countries and the European Parliament need to quickly explore all legislative procedures so that Ukraine can receive a new €35B loan, which is the EU’s share of the G7’s proposed loan, ... #EuropeanPeaceFund #financialaidforUkraine #G7 #HungaryVeto #LoanForUkraine #MarošŠefčovič
The EU will change the current system of financing military support to Ukraine in response to Hungary. The EU plans to change its system of Ukrainian military support to bypass a Hungarian veto, circumventing the country that is loyal to the Russian Federation. On October 9, EU ambassadors are expected... #EuropeanPeaceFund #HungaryVeto #LoanForUkraine #MilitaryAidforUkraine #RussianAssetsProfits #SupportUkraine
The US and the EU cannot agree on the details to provide $50B to Ukraine; the plan’s success is logistically and politically unlikely. The NYT notes that officials from the US and the EU are trying to secure a $50B loan for Ukraine by the end of the year. A decision should be reached before the presidential elections in the US, which... #EuropeanUnion #G7 #HungaryVeto #LoanForUkraine #Sanctions #USelections #WhiteHouse
The EU will provide Ukraine with up to €40B in new loans by the end of the year, regardless of the US’ decision. The FT writes that unilateral actions are taking place against the background of Brussels’ concern that Hungary will prevent the bloc from providing the guarantees the US needs to participate in... #G7 #HungaryVeto #LoansForUkraine #RussianAssetsProfits
The EU is in a hurry to issue a $50B loan to Ukraine backed by the Russian frozen assets. The European Commission plans “very soon” to propose a $50B loan to support Ukraine and finish all the legislative work for it by the end of the year, says the Commissioner for Economy, Pa... #HungaryVeto #LoanForUkraine #PaoloGentiloni #RussianAssets #VictorOrban
Hungary will appeal the transfer of the proceeds from frozen Russian assets to Ukraine, blocking another €6.6B in support. The Minister of Foreign Affairs of Hungary, Péter Szijjártó, said “the EU crossed a red line” by using €1.4B in Russian asset revenue to finance the supply of weapons to Ukraine, while ... #Hungary #HungaryVeto #PeterSijarto #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine #VictorOrban
The EU will start arming Ukraine with money earned from Russian assets. On June 24, EU countries approved the first tranche of military aid to Ukraine, about €1.4B, which will come from the proceeds of frozen Russian assets. The funds will be used to purchase equipment su... #G7 #HungaryVeto #JosepBorrell #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #WeaponsforUkraine
Ukraine and the EU will start accession negotiations despite Hungary’s opposition. Ukraine is making every effort to ensure that the intergovernmental conference on negotiations on our country’s accession to the EU takes place in June, said Deputy Prime Minister for European I... #EuropeanIntegration #HungaryVeto #OlgaStefanishyna #UkraineAccessionToEU #UkraineEU
Hungary has blocked the approval of a new package of EU sanctions against Russia and China. At a meeting of EU ambassadors on February 14, Hungary was the only country not to support the 13th package of sanctions targeting nearly 200 individuals and entities from Russia, China, and other cou... #EUsanctions #HungaryVeto #JohnSmith #SanctionsAgainstRussia
The EU has a compromise solution to allocate €50B for Ukraine. EU leaders will agree to the terms of Hungarian Prime Minister Orban, who insists on an annual review of financial assistance to Ukraine as part of a four-year, €50B package. Budapest wants not only a... #EUfinancialAid #HungaryVeto #SupportUkraine #UkraineFacility #VictorOrban
The EU promises a harsh response to Hungary’s veto on Ukrainian aid. European Union leaders are poised to take a stricter stance on Hungary if Prime Minister Viktor Orbán blocks a €50B aid package for Ukraine at a summit on February 1. The EU member states are ready to... #HungaryVeto #RobertFico #UkraineFacility #VictorOrban
A Ukrainian diplomat names three options for bypassing Hungary’s veto on €50B in aid. At the EU summit on February 1, Hungary can again veto the provision of €50B to Ukraine for 2024-2027 under the Ukraine Facility program. Approval of this program is Plan A. But there are at least two... #EUfinancialAid #HungaryVeto #UkraineFacility #VictorOrban #VsevolodChentsov
After European Council pressure on Hungary, Orban agrees to unlock €50B for Ukraine, but Slovakia is now against the move. After the announced consideration of a resolution on the deprivation of the right to vote in the Council of the EU, Hungary declared that it is ready to give in and unblock funding for Ukraine. Accord... #EUfinancialAid #HungaryVeto #RobertFico #UkraineFacility #VictorOrban
Orban has achieved concessions from the EU, which seeks to unlock €50B for Ukraine. The European Commission is ready to accept some of Hungary’s demands in order to overcome its veto of a €50B support package for Ukraine. In particular, the EC is prepared to grant Budapest the ... #EUfinancialAid #HungaryVeto #UkraineFacility #VictorOrban
The EU is close to approving €50B in financial aid to Ukraine, and the money may arrive in the first quarter. EU ambassadors approved a “partial negotiating mandate” for a proposal to create a single specialized instrument to support Ukraine’s recovery, reconstruction, and modernization whil... #EUbudget #EUfinancialAid #HungaryVeto #UkraineFacility
Hungary put forward a condition for lifting its veto on €50B aid to Ukraine. According to Politico, Hungary has said that it could lift the veto on a €50B aid package from the European Union, provided the funding is reviewed every year. Budapest proposes that the European Coun... #EUbudget #EUfinancialAid #HungaryVeto #UkraineFacility #VictorOrban
The EU is developing a €20B contingency plan to finance Ukraine in 2024. An alternative scheme has emerged that involves member states providing guarantees to the EU budget, which would allow the European Commission to borrow up to €20B on the capital markets for Kyiv next... #EUfinancialAid #financialaidforUkraine #HungaryVeto #SupportUkraine #UkraineFacility
The EU has postponed the allocation of €50B for Ukraine until January 2024. The European Commission has proposed giving Ukraine €50B in financial aid through 2027. On December 14, EU leaders discussed this initiative at a summit in Brussels. Hungary vetoed the decision on the... #HungaryVeto #UkraineEU #UkraineFacility #UrsulavonderLeyen #VictorOrban
Hungary is ready to remove its veto from €50B in EU aid to Ukraine for a “favor” from the EC. Hungary is ready to lift its veto on the EU’s current €50B funding proposal for Ukraine if the EU unfreezes €30B earmarked for Budapest, which was blocked last year due to problems with the rule... #BalazsOrban #CharlesMichel #HungaryVeto #UkraineFacility #VictorOrban
There is a back-up plan: the EU is preparing extra-budgetary financing for Ukraine to bypass Hungary’s veto. EU diplomats are discussing technical proposals to attract emergency funding for Ukraine outside the bloc’s common budget if Hungary does not waive its veto on a four-year €50B support package t... #EUsupportforUkraine #HungaryVeto #JanosBoka #UkraineFacility #VictorOrban
EU ambassadors will discuss the start of negotiations on Ukraine’s membership by December 10. The EC leaders’ meeting will be held in Brussels on December 14-15. European leaders are expected to discuss the European Commission’s proposals for a political decision on membership talk... #AssociationwithEU #EuropeanIntegration #HungaryVeto #UkraineEU #VictorOrban
The EU is looking for ways to bypass Budapest’s veto on aid to Ukraine. According to Politico, one of the most radical options is Article 7. The prescribed procedure is applied if a country violates the fundamental values of the EU. Hungary may lose the right to vote as a... #EUsupportforUkraine #HungaryVeto #UkraineFacility #VictorOrban
The EU is ready to allocate €50B to Ukraine, but Hungary opposes the aid. The European Commission’s proposal to provide Ukraine with €50B in loans and grants over the next four years is not contested by any of the EU countries, European Budget Commissioner Johannes Ha... #HungaryVeto #JohannesHahn #UkraineEU #UkraineFacility
Orban will disrupt the summit of EU leaders discussing aid to Ukraine and negotiations on its accession. According to Bloomberg, at a meeting of diplomats last week Hungary wanted to hold a “strategic discussion” about the bloc’s financial support to Ukraine and how Russian sanctions ha... #CharlesMichel #EUaidforUkraine #EUsummit #HungaryVeto #VictorOrban
Borrell is working on future EU security commitments for Ukraine, but Hungary continues to block €500M in aid. The head of EU diplomacy, Josep Borrell, said at the Council of Foreign Ministers meeting in Brussels that he is preparing the EU’s future security obligations to Ukraine. He added that at the m... #EuropeanPeaceFund #EUsupportforUkraine #HungaryVeto #JosepBorrell
The EU has found a way to bypass Hungary’s veto of €50B for Ukraine. EU countries are considering an alternative plan to provide Ukraine with much-needed help in its fight against Russia if Hungary vetoes the current €50B funding proposal. According to Bloomberg, the p... #HungaryVeto #UkraineFacility #VictorOrban
Hungary will not be able to block the €50B aid package to Ukraine. As European Commissioner for Budget and Administration Johannes Hahn stated, Hungary is unlikely to be able to blackmail the EU now, as it needs funding itself. Hahn recalled that a year ago, the Euro... #EUprogramForUkraine #HungaryVeto #JohannesHahn #UkraineFacility #VictorOrban
Hungary threatens to block the start of Ukraine’s EU accession negotiations, and the EC has confirmed the completion of four of the seven steps. Hungary can block the start of negotiations on Ukraine’s accession to the EU. But this will not happen unless the country’s demands made to Ukraine regarding a law on language in education... #HungaryVeto #NationalMinorities #OlgaStefanishyna #UkraineAccessionToEU #UkraineEU
Hungary continues to oppose grain export from Ukraine and its membership in the EU. The Prime Minister of Hungary, Viktor Orban, is concerned about the accelerated pace of Ukraine’s EU membership process and the possible lifting of the Ukrainian grain export ban by the EU after... #agroexportukraine #AssociationwithEU #GrainCrisis #HungaryVeto #UkraineEU #VictorOrban
Hungary has blocked €500M from the European Peace Fund for weapons for Ukraine. This is the eighth tranche of EPF funds for armaments for Ukraine, the Italian publication ANSA reports. The funds were supposed to be paid on May 22, but Budapest allegedly demanded guarantees that t... #EuropeanPeaceFund #HungaryVeto #VictorOrban #WeaponsforUkraine
Hungary plans to veto NATO expansion due to the threat of a new world war. A Hungarian Mi Hazánk party representative, Eled Novak, said that the faction proposes to reject NATO expansion. Otherwise, he is convinced, it will become a provocation and a step towards world war, ... #HungaryVeto #NATOexpansion
Hungary has blocked €500M in aid for Ukraine, but the EU has a backup plan. Hungary has blocked access to the European Peace Fund money that EU countries have been using to purchase weapons for Ukraine. According to a high-ranking EU diplomat, EU countries will put pressure o... #EUfinancialAid #EuropeanPeaceFund #HungaryVeto
The EU agrees on an €18B Ukraine aid package after Hungary drops its opposition. EU member states have approved plans to provide an €18B aid package for Ukraine in 2023 after Hungary dropped its opposition in return for funding from the EU, reported CNN. Hungary had initially bloc... #EUfinancialAid #HungaryVeto #UrsulavonderLeyen
Despite Hungary blocking the aid package, the EU has agreed to allocate €18B to Ukraine. The proposal was approved on December 10 and will be presented to the European Parliament for possible approval next week. The package provides for a structural decision on financial support for Ukrai... #EUaidforUkraine #financialaidforUkraine #HungaryVeto
