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Hungary Vetoes EU Aid For Ukraine; Bloc Delays Decision On Funds For Budapest

Hungarian Finance Minister Mihaly Varga (file photo)
Hungarian Finance Minister Mihaly Varga (file photo)

Hungary vetoed an 18 billion euro ($19 billion) EU loan for Ukraine and EU finance ministers delayed a decision on whether to unfreeze billions of euros in aid earmarked for Budapest. At a meeting in Brussels, Hungarian Finance Minister Mihaly Varga confirmed his government's opposition to supporting Ukraine with the loan. Locked in a tug-of-war with Hungary, the ministers decided to take off their agenda on December 6 any decision about 7.5 billion euros ($7.9 billion) in EU funds earmarked for Hungary, according to EU officials. To read the original story by RFE/RL's Ukrainian Service story, click here.

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    RFE/RL's Ukrainian Service has seen its audience grow significantly since Russia's full-scale invasion in February 2022 and is among the most cited media outlets in the country. Its bold, in-depth reporting from the front lines has won many accolades and awards. Its comprehensive coverage also includes award-winning reporting by the Donbas.Realities and Crimea.Realities projects and the Schemes investigative unit.

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