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