Hungary said it could lift its veto on the EU aid package for Ukraine in the amount of 50 billion euros, provided that the funding is reviewed annually. European Pravda writes about this with a link to Politico.
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< p>This demand of Hungarian Prime Minister Viktor Orbán has caused skepticism among some EU diplomats, who believe that it will not provide predictability for Ukraine.
Under the Hungarian proposal, the EU will provide Ukraine with 12.5 billion euros annually in the form of grants and loans, which over four years will amount to the 50 billion euros proposed by the European Commission.
This would give Hungarian Prime Minister Viktor Orban the opportunity to block funding for Ukraine every year, or receive concessions from Brussels for refusing a veto.
Hungary formulated this proposal during a meeting of 27 EU budget experts on Friday and sent a corresponding document to the EU Council.
The issue of EU funding for Ukraine is on the agenda for the meeting of EU ambassadors scheduled for Wednesday.
The issue of EU funding for Ukraine is on the agenda for the meeting of EU ambassadors scheduled for Wednesday. p>
European leaders agreed on an extraordinary summit dedicated to this issue, which will take place on February 1.
According to media reports, the European Union is preparing a Plan B with 20 billion euros of financial assistance for Ukraine in case the Hungarian Prime Minister Viktor Orban will still block the main 50 billion plan.
