Hungary Blocked Monetary assistance to Ukraine from European Union

Hungary blocked the 7th tranche of the help of the European Union (EU) to Ukraine. It is reported by RMF FM with reference to a senior European diplomat.

According to him, the European Fund of the World (EPF) was supposed to allocate about half a billion euro for these purposes.

On Monday, a meeting of foreign ministers will be held, at which they can put pressure on Budapest, RMF notes. The European Union has a backup plan, as in the case when Hungary blocked 18 billion euros of macrofinance assistance to Ukraine in early December. Then the EU wanted to adopt a legal act that would allow help to bypass Hungary, as a result, the country lost, and the help package was adopted.