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Hungary blocks EU plan for 18 billion euros of aid to Ukraine – media

Earlier this week, Foreign Minister Szijjarto said that his country would not support a long-term financial support plan for Ukraine.

Hungary blocks EU plan for 18 billion euros of aid to Ukraine – media

Hungary told the finance ministers of the European Union at a meeting in Brussels that it would not support the necessary changes to prepare an aid package for Ukraine in the amount of 18 billion euros next year, the Bloomberg reports citing sources, the European Pravda informed.

It is noted that the European Commission will propose on Wednesday to provide Kyiv with soft loans on a more stable basis, but this initiative will require the use of additional resources available in the EU budget.

Hungarian Finance Minister Mihai Varga told his colleagues that he would not support such an option, which requires the unanimous support of 27 governments.

Earlier this week, Foreign Minister Peter Szijjarto also said that his country would not support a plan for long-term financial support of Ukraine.

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