Prime Minister Viktor Orban previously argued against any further aid for Ukraine, urging Brussels to pursue diplomacy with Russia
Hungary has blocked the issuance of Eurobonds to arm Ukraine – one of two options put forward by the European Commission to fund Kiev’s war effort – Politico reports, citing sources.
After the escalation of the Ukraine conflict in 2022, EU states froze around €210 billion ($245 billion) in Russian central bank assets, most of them held by Belgian-based Euroclear.
On Wednesday, European Commission President Ursula von der Leyen proposed two ways to finance Ukraine: EU-level borrowing through Eurobonds – an option…
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