Hungary will block aid to Ukraine as long as OTP Bank is on the list of war sponsors
Hungary sees Ukraine's actions as allegedly "hostile actions".
The statement was made by Hungarian Foreign Minister Peter Szijjártó, the HVG.hu website has reported.
Szijjártó made this statement after Hungary blocked the transfer of another tranche of 500m euros from the European Peace Facility to transfer military equipment to Ukraine.
Until the Ukrainians remove OTP from the list of international war sponsors, Hungary obviously cannot participate in the decision on the European Peace and Sanctions Fund.
The Hungarian foreign minister also said that Ukraine was displaying "hostile behaviour" towards Hungary. These include the closure of Hungarian schools in Transcarpathia and the fact that the Ukrainian president was allegedly considering blowing up the Druzhba oil pipeline.
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.