The Council of the European Union has reached an agreement regarding a macro-financial assistance (MFA) package of up to €35bn for Ukraine, which will be part of a loan from the Group of Seven, using the proceeds from frozen Russian assets.
Source: Eur…
European Commission chief Ursula von der Leyen rebuked Hungary over its stance on Russia’s war in Ukraine, and its strengthening of political and economic ties with Moscow in comments at the European Parliament in Strasbourg on Oct. 9In what promised t…
Hungarian Prime Minister Viktor Orbán has named EU enlargement among the priorities of Hungary’s presidency of the Council of the European Union, but did not mention Ukraine in this context.
Source: Orbán’s speech in the European Parliament
Detai…
Donald Trump won’t wait until being inaugurated in January to “manage a peace” in Ukraine if he wins next month’s U.S. presidential election, Hungary’s Prime Minister Viktor Orban told a news conference in Strasbourg on Oct. 8.Speaking to reporters, Or…
The landmark decision to provide Ukraine with a $50 billion loan from the profits of frozen Russian assets has been held up after Hungarian Finance Minister Mihaly Varga announced the blocking of necessary changes to the European Union’s sanctions regi…
Hungary has opted not to support the EU decision to provide Ukraine with a €35 billion loan at the expense of profits of frozen Russian assets, until the presidential election in the United States.
Source: Mihály Varga, Hungary’s Finance Minister, on T…
Kyiv and Bratislava have begun work on creating an energy hub to strengthen the energy security of Eastern Europe, Prime Minister Denys Shmyhal said at a press conference with his Slovakian counterpart Robert Fico on Oct. 7.Amid rolling blackouts cause…
The European Union authorities are investigating the idea of states making voluntary contributions to the European Peace Fund in order to supply Ukraine with more than €6 billion despite Hungary’s veto.
Source: Bloomberg citing its sources, as reported…
The European Union aims to discontinue the use of the European Peace Fund as the primary source of financing military support for Ukraine, partially owing to Hungary’s continuous vetoes.
Source: RMF24, as reported by European Pravda
Details: On W…
Thousands of Hungarians gathered in Budapest on Oct. 5 to demand greater press freedom and a halt to what they called a “propaganda factory” run by Hungarian Prime Minister Viktor Orban’s government.The protests, launched outside of the building of the…