Politico: Orban is ready to unblock decision on aid to Ukraine
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Economics
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Politico: Orban is ready to unblock decision on aid to Ukraine

Viktor Orban
Source:  Politico

Politico found out from its insiders in the EU that Hungary has already made it clear to Brussels that it is ready to remove the veto from the decision on long-term financing of Ukraine.

Orban will make concessions to the EU on aid to Ukraine

According to anonymous sources, Hungarian leader Viktor Orban is close to adopting a compromise regarding using money from the EU budget to support Ukraine.

In addition, it is emphasized that this will happen even if it does not meet the requirements that he put forward after the EU summit a month ago.

The EU still has no agreement on concessions to Hungary, the European Union is confident that an agreement can be concluded within the next few weeks.

Even though Brussels considered possible post-umbilical cordoning of Budapest to reach an agreement, most bloc members still rejected Hungary's attempt to divide Ukraine's funding into annual tranches requiring unanimous approval each year.

According to one of the insiders, the probability that the EU will dare to make a decision that will give Hungary "the possibility of regular blackmail" is slim.

What could be the compromise between Hungary and the EU regarding aid to Ukraine?

The publication's anonymous sources note that a possible compromise may be that the European Commission will reimburse Hungary for the costs of paying interest rates on loans received in the post-pandemic period.

In addition, it is reported that the commission is also discussing introducing an "emergency brake", which would allow any country that objects to funding Ukraine to delay payments and postpone discussions at the summit of EU leaders.

However, this option would not allow any EU member state to veto the payments.

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