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Hungarian premier welcomes European Commission's efforts to draft new Ukraine funding plan

Earlier, the media reported that Hungary might approve aid for Ukraine if it was provided outside of the EU budget on an annual basis and controls over use of the funds were ensured

BUDAPEST, January 10. /TASS/. Budapest supports the European Commission’s efforts to develop a new plan for funding Ukraine in place of the proposed plan that was rejected at the latest EU summit, Hungarian Prime Minister Viktor Orban said.

At a Brussels meeting of EU leaders on December 14-15, Orban blocked amendments to the community’s 2024-27 budget, which had called for granting of 50 bln euros to Ukraine.

"It’s good to see that the European Commission is preparing a plan B for February 1, according to which financial support given to Ukraine could be managed outside the EU-budget. This is a good decision! The Commission’s plan B is the Hungarian plan A!" Orban wrote on X (formerly Twitter).

Politico reported on January 9, citing EU diplomats and an EC document sent to the Belgian Council presidency, that Hungary might approve aid for Ukraine if it was provided outside of the EU budget on an annual basis and controls over use of the funds were ensured. The new plan, which will be discussed at an extraordinary EU summit on February 1, calls for providing Ukraine with 12.5 bln euros in grants and loans every year, adding up to 50 bln euros over four years.