EU Blinks, Releases $1B in Funds to Hungary – Budapest Under Intense Pressure To Approve Supplemental Military Aid to Ukraine
In the seemingly endless conflict between the European Union and Hungary, it now seems that the EU has blinked.
The European Union executive Commission approved 900 million euros ($1 billion) in ‘advance payments’ to Hungary under its share of recovery funds as the bloc seeks to overcome Budapest’s veto of aid to Ukraine.
Read: Hungary’s Orbán Calls the European Union a ‘Bad Contemporary Parody’ of the Soviet Union
It is uncertain if this will change Prime Minister Viktor Orbán’s mind on the subject, but this move echoes Ukrainian President Zelensky’s recent statement that Hungary’s refusal to vote for military aid was ‘not insurmountable.’
Reuters reported:
“The EU’s Brussels-based executive,
