Espreso. Global

Hungary once again blocks €500 million in EU military aid to Ukraine

23 October, 2023 Monday

On 23 October, Hungary once again blocked the transfer of EUR 500 million of military aid from the EU to Ukraine

This was stated by EU High Representative Josep Borrell in Luxembourg during a press conference following the EU Foreign Affairs Council, Ukrinform reports. 

"At this time, Ukraine has disappeared from the news, but the war in Ukraine has not disappeared, it is still ongoing. Russia continues to bomb civilian targets, with at least 18 people killed in the past few days. Ukrainian infrastructure is still being destroyed. We had a discussion on how to address Ukraine's most urgent needs, its defence needs. We still haven't been able to solve the problem with the eighth tranche from the European Peace Fund, we are still looking for a solution. But one way or another, we will find a solution to this," Borrell said.

He said that the ministers considered Ukraine's security in the medium and long term. This includes military support, as well as other measures that will contribute not only to the country's security, but also to economic and industrial stability.

"We are awaiting policy decisions from the European Council, which will meet this week, to continue working on proposals for a Ukraine Fund as part of the EU's multi-annual budget, but we need political guidance to enable us to do so. As for the (Ukrainian - ed.) Peace Formula, another meeting on this will be held very soon in Malta, with an attempt to attract the widest possible support from UN member states," he added.

Earlier, this was reported by Radio Liberty correspondent Rikard Jozwiak.

It is noted that Ukraine has already removed OTP Bank from the list of international sponsors of the war, but Hungary demands legal guarantees that this is permanent. 

"As expected no agreement on the 8th tranche (500 million) of EU military aid for Ukraine when EU foreign ministers met today. The Hungarian bank OTP has been delisted from the "doing business in Russian blacklist” but Budapest wants legal assurances that this is permanent," the statement says. 

Jozwiak also noted that during today's meeting of EU foreign ministers, a handshake took place between representatives of Russia and Hungary.  

"Questions to Hungary about what instructions came from Moscow. Budapest reacted saying “it doesn’t take instructions from anyone”" the journalist writes.

OTP Bank's activities in Russia

On 4 May, the National Agency for the Prevention of Corruption in Ukraine added the Hungarian OTP Bank to the list of international sponsors of the war because of its activities in Russia and de facto recognition of the LDNR.

On 12 May, Hungarian Foreign Minister Peter Szijjártó said that due to Ukraine's inclusion of the Hungarian OTP Bank in the list of war sponsors, it would be difficult for Budapest to agree with the European Union on new sanctions against Russia.

Later, it became known that Ukraine and Hungary were in talks after the National Agency for the Prevention of Corruption of Ukraine added the Hungarian OTP Bank to the list of international war sponsors.

On 29 September, the National Agency for Prevention of Corruption suspended the status of the Hungarian OTP Bank and 5 Greek shipping companies from the list of international sponsors of war, a decision that was made following negotiations.

In response, the Hungarian Foreign Ministry said that Ukraine's temporary exclusion of the Hungarian OTP Bank from the list of international war sponsors in an attempt to unblock EU military aid does not significantly change the situation.

Read also:
  • News
2023, Sunday
10 December
Fire at factory in Moscow, drone attack, and explosion at oil depot in occupied Makiivka: This week's blasts in Russia
Presidents Zelenskyy, Macron discuss France's next aid package
How Russia wages political war in Europe. Conversation with Anton Shekhovtsov
Russian troops shell Kherson residential building injuring civilian
Expecting change after Putin's death is naive - political analyst Fedorchuk
Zelenskyy meets with presidents of Uruguay, Paraguay and Ecuador in Argentina
Why didn't the Russian army flee behind the Urals when they saw Leopards?
Russia deploys new corvettes to Black Sea, replacing destroyed Askold in Kerch - media
Netanyahu talks to Putin for second time since start of war against Hamas
In Melitopol, invading Russia forces prepare sham elections by bussing in supporters, jamming communications
Occupying Russian army reinforce positions, pull up reserves in southern frontline
Missile strike on Ukraine, December 7: UK intel suggests Russia is starting broader campaign on Ukraine's energy infrastructure
Map of fighting near Avdiivka
Russian forces launch assaults from three directions in attempt to encircle Ukrainian troops in Avdiivka sector
Russian troops cut ground attacks in Tavria direction, fall back on aviation
Russia will go further
Sweden considers Gripen aircraft, tested by Ukrainian pilots, for Ukraine - Ihnat
Blackouts in Ukraine due to Russian attacks will be temporary - Ukraine's Energy Minister
We'll understand EU summit decision's significance later; right now, the focus is on weaponry
Russia uses decoy missiles in war of attrition on Ukrainian air defense – ISW
Hungarian truckers announce new blockade on Ukrainian border
Sweden's Chief of Defence General Micael Bydén visits Ukrainian artillery units
Russia loses 10 armored vehicles, 4 tanks, and 700 soldiers in one day of war in Ukraine – General Staff 
ISW: Russian forces escalate offensive to gain momentum ahead of presidential elections
Russian police raid Kherson region, searching for underground group
2023, Saturday
9 December
Ukrainian air defence shoots down Russian missile near Kryvyi Rih
Defence of Avdiivka's heights prevents other parts of frontline from falling apart - military expert Svitan
Ukrainian Defence Forces repel 40 Russian attacks in 6 directions - General Staff
Russia attacks Kupyansk, klling two women, injuring man
European faith in Armed Forces and Ukraine plays cruel joke on Ukraine itself
Politician Feygin explains why West postpones arms supplies to Ukraine
Russia launches PSYOP on evacuation from Zaporizhzhia
Germany must be ready to support Ukraine more, Scholz says
Russian forces build up fortifications in southern Ukraine
No Russian chips found in Russian Kh-101 missile - Ukraine's General Staff
Putin's conditions for Ukraine: neutrality and rejection of NATO - Feygin
Russia to ban movement of cars with Ukrainian license plates in occupied territories
General Romanenko notes change in Russian tactics during air attacks on Ukraine
Border blocking is operation against Ukraine and new Polish government
Ukraine is preparing developments for 2024 that will allow it to oust Russians from Crimea - Defense Minister
Russia doesn't reduce infantry activity at front, drops over 40 bombs on Donetsk region - brigadier general
More news