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Tag: ANSA

€500 million EU Aid to Ukraine Blocked By Hungary

The European Peace Facility was posed to transfer €500 million to Ukraine for artillery round purchases, but the aid was blocked by the Hungarian government. The official explanation for

Tag: ANSA

€500 million EU Aid to Ukraine Blocked By Hungary
POLITICS

€500 million EU Aid to Ukraine Blocked By Hungary

The European Peace Facility was posed to transfer €500 million to Ukraine for artillery round purchases, but the aid was blocked by the Hungarian government. The official explanation for the move is that Budapest would like to see the off-budget EU fund focus on more than just Ukraine, but some believe the blacklisting of OTP Bank may be behind it.

Márton Losonczi
17.05.2023

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