Bloomberg: Hungary wants to cut EU funding to Ukraine in half.

Hungary proposed cutting a EUR50 billion European Union funding package for Ukraine down to EUR25 billion, Bloomberg reported on Oct.

3. Hungary said that payment of the additional EUR25 billion could be reevaluated halfway through the 2024-2027 disbursement cycle, sources close to the matter told Bloomberg. The proposal adds weight to fears that international support for Ukraine could be waning following U.S. lawmakers' decision to remove aid for Ukraine from a government spending bill passed on Sept.

30. This is not the first time Hungary has sought to block aid to Ukraine following Russia's full-scale invasion. The EU requires unanimous agreement from all 27 member nations before releasing funds, and Hungary has repeatedly obstructed funds while opposing sanctions.

Hungarian Prime Minister Viktor Orban has also accused Ukraine of violating the rights of ethnic Hungarian minorities, a claim used to justify Budapest's limited support. On Sept.

29, Kyiv removed the Hungarian OTP Bank from its list of international sponsors of war in order to free up EUR500 million in EU military aid. Hungary has demanded this concession since May 2023, withholding sanctions and aid as leverage.

Bloomberg's sources said the political differences may mean the EU does not reach an agreement on the Ukraine package by the end of the year.

Peter Tkacenko: Slovakia after election - If not friend, certainly not enemy of Ukraine Robert Fico's Direction - Social Democracy (Smer) has secured victory in the latest Slovakelections with 23% of the vote. Ex-Prime Minister Fico, who expressed dissatisfaction with his country's support ofneighboring Ukraine, has an open road to a third stint as the country's prime minister.

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News Editor

Abbey Fenbert is a news editor at the Kyiv Independent.

She is a freelance writer, editor, and playwright with an MFA from Boston University.

Abbey served as a Peace Corps Volunteer in Ukraine from 2008-2011.