• 11/27/2024

Hungarian Prime Minister satisfied with summit’s decision on €50 bn: Hungarian money will not go to Ukraine

Pravda Ukraine

Hungarian Prime Minister Viktor Orbán considers his mission at the EU summit fulfilled, claiming that his requirements in the context of providing Ukraine with macro-financial assistance worth €50 billion have been fulfilled.

Source: European Pravda; Viktor Orbán on Twitter (X)

“Mission accomplished. Hungary’s funds will not end up in Ukraine, and we have a control mechanism at the end of the first and second year. Our position on the war in Ukraine remains unchanged: we need a ceasefire and peace talks,” Orbán wrote.

He also recalled that the EU summit could not solve “two Hungarian problems” in December, so he did not agree to help Ukraine.

“We were afraid that the EU funds due to Hungarians, which the commission has not given us so far, would sooner or later end up in Ukraine. And we were also afraid that the available resources would be given to Ukraine for too long a period and with no oversight,” Viktor Orbán said, adding that the decision provides for the necessary control and guarantees that Hungarian funds will not go to Ukraine.

The Hungarian prime minister claims he accepted this proposal “after long negotiations”.

EU leaders on Thursday overcame Hungary’s long-standing opposition and reached an agreement on allocating macro-financial assistance to Ukraine in the amount of €50 billion. The programme is designed for four years.

The conclusions of the summit state that Ukraine will be able to receive funds on the condition that it complies with a number of prerequisites. EU leaders will hold annual debates on the programme, and in two years, the European Commission may propose a review of the entire multi-year financial framework.

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https://www.pravda.com.ua/eng/news/2024/02/1/7439950/