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Victor Orbán blocks release of €6 billion aid package for Kyiv
9 articles |
Updated 4h ago |
Created 13h ago
At the most recent EU Summit on March 19th and continuing into early morning hours on Wednesday (Mar 20), Hungarian Prime Minister Viktor Orban successfully prevented the disbursement of a critical multi-billion euro credit line intended for Ukraine's war effort against Russia, effectively halting progress in negotiations.
Key Points
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1The European Union summit failed to approve the release of a multi-billion euro credit for Ukraine due to opposition from Hungarian Prime Minister Viktor Orbán.
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2Orbán has firmly maintained his stance against releasing these financial aid funds, blocking progress on EU support measures during recent summits in March and July 2019.
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3Despite this political blockage by Hungary's leadership at the summit level, European Union officials stated their intention to still provide assistance through alternative means or methods.
Developments
[Jul 23]
Orbán blocked Ukraine aid release; EU declared intent 'to deliver in one way and another' despite the blockage (Tagesspiegel.de).
[Mar 19, 01:45] - [Jul 23]
Orbán continued to hold firm on blocking Ukraine credit release at EU summit; no breakthrough achieved in financial aid negotiations.
EU-Gipfel: Victor Orbán verhindert Freigabe des EU-Milliardenkredits für Ukraine - DIE ZEIT
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