The issue will not be discussed at this week’s summit, according to the Hungarian PM

The EU will not discuss plans to seize Russian assets during Thursday’s summit in Brussels, Hungarian Prime Minister Viktor Orban announced on Wednesday, calling it a “victory.”

The bloc has temporarily immobilized roughly $230 billion in Russian central bank assets by invoking Article 122, an emergency treaty clause that allows approval by a qualified majority rather than unanimity despite objections from some member states, including Hungary and Slovakia. European Commission President Ursula von der Leyen has proposed using the funds to back a so-called…

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