Hungary blocks EU Ukraine aid, deepening rift with Brussels

Hungary blocks EU Ukraine aid, deepening rift with Brussels
A rift between the European Union and recalcitrant member Hungary deepened Tuesday when Budapest vetoed an 18 billion euro ($18.93 billion) financial aid package to Kyiv, leaving the other 26 nations to scramble to keep the money supply going.

Hungary’s defiant stance also exacerbated an EU dispute over the rule of law under Prime Minister Viktor Orban and his view of Russia’s invasion of Ukraine.

The nation of 9.7 million was able to use the EU’s intricate institutional rules to frustrate the bloc and its 450 million people on an enormous geopolitical challenge and helping an ally in dire need.

EU Commission Vice President Valdis Dombrovskis said the war in Ukraine demanded unity and speed.

“There are millions of people without water, heat or electricity. So we really need to move forward,” he said.

Dutch Finance Minister Sigrid Kaag added: “It would undermine the credibility of the European Union if we cannot deliver. So it is essential.”

READ MORE: https://apnews.com/article/europe-business-hungary-budapest-viktor-orban-6bdcc94f8db8e5a9ca0b26cf1c3b7157

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