Hungary may lift veto on aid to Ukraine if it is revised annually

World January 09, 18:32

The newspaper notes that the possibility to review the decision on aid to Kiev will allow Budapest to set the conditions for further support to Ukraine

BRUSSELS, January 9. /TASS/. Hungary may approve EU aid to Ukraine if it is voted on annually, Politico newspaper said citing diplomats and a document sent to the Belgian presidency of the EU Council.

As the sources told the newspaper, the plan envisages allocating 12.5 billion euros annually in grants and loans. Thus, over four years, the overall sum will amount to 50 billion euros.

The newspaper notes that the possibility to review the decision on aid to Kiev will allow Budapest to set the conditions for further support to Ukraine. Politico adds that EU leaders are trying to pressure Hungarian Prime Minister Viktor Orban into reconsidering his veto on aid to Ukraine before the EU summit on February 1.

"MFF (the EU’s seven-year budget) is a multiannual framework, we can not do it on a year-to-year basis," the paper quoted an EU diplomat as saying.

At the most recent EU summit in Brussels, Hungary's prime minister vetoed amendments to the association's budget for 2024-2027, which call for providing 50 billion euros to Ukraine over this period of time. Hungary suggests looking for extra-budgetary sources to assist Ukraine or opting for a short-term solution, a one-year test for example, then re-evaluating the situation and deciding what to do only after that.

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