Viktor Orbán

Orban Folds: EU Approved €50 Billion Deal For Ukraine

Today, EU leaders reached a rapid consensus on a €50 billion support package for Ukraine, breaking a deadlock that threatened crucial financial assistance for Kyiv. The breakthrough came after Hungarian Prime Minister Viktor Orbán, who had been obstructing the release of funds, conceded during intense negotiations at the extraordinary summit.

The standoff between Brussels and Hungary, aid to Ukraine, and the view from Greece

On Thursday European leaders will look to overcome growing resistance to further aid for Ukraine, with Hungary's Prime Minister Viktor Orban vowing to defy EU pressure to approve a four-year €50 billion aid package to the war torn country. EU support is seen as crucial to Ukraine's war effort.

EU agrees on 50 billion-euro aid package to Ukraine

The leaders of the 27 European Union countries sealed a deal on Feb. 1 to provide Ukraine with a new 50-billion-euro ($54 billion) support package despite Hungary's weeks of threats to veto the move.

European Council President Charles Michel announced the agreement about only an hour into the leaders' summit in Brussels.

Orban's Diplomatic Twist: Hungary Shifts Stance on Military Aid for Ukraine

In a surprising turn of events, Hungarian Prime Minister Viktor Orban has signaled a willingness to reconsider his position on utilizing the European Union budget to provide military aid to Ukraine. The announcement precedes a crucial emergency EU summit scheduled for Thursday, where leaders will deliberate on support for Ukraine amid escalating tensions.

The EU Threatens To Cripple Hungary's Economy If Orban Vetoes Aid To Ukraine

The EU will sabotage Hungary's economy if Budapest blocks new aid to Ukraine at a summit this week, the Financial Times reports, citing a confidential plan drawn up by Brussels that marks a major escalation in the battle between the Union and its most pro-Russian country. member.

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