Hungary has blocked EU financial assistance to Ukraine worth EUR 18 billion

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Ukraine may not receive €18bn in financial aid next year because of Hungary
Ukrainian Truth
13:30, 09.11.2022
Author Artur Zayonts
Читати українською

Financial assistance to Ukraine requires the agreement of representatives of all 27 countries.

This was reported by Bloomberg citing its own sources.

Hungarian Finance Minister Mihály Varga told his colleagues at the Brussels summit that he would not support granting Ukraine a financial aid package for 2023.

Granting financial assistance to Ukraine requires the agreement of representatives of all 27 EU countries and it is not yet possible to bypass the Hungarian position.

The European Union is to propose today a new mechanism for granting Ukraine 18 billion euro in financial aid.

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Artur Zayonts
Editor at SOCPORTAL.INFO

Artur Zayonts specialises in news from the frontline. A historian by education, Arthur has always sought to bring depth and context to his journalistic work.

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