BackRelease of 4.7 billion euros for Ukraine after the lifting of the Hungarian veto
Release of 4.7 billion euros for Ukraine after the lifting of the Hungarian veto
Politics
Le Figaro Actualités1 hour agoPolitics1 min readFranceView original

Release of 4.7 billion euros for Ukraine after the lifting of the Hungarian veto

The electoral victory of Peter Magyar in Hungary makes it possible to release European funds intended for Member States.

Quick Look

  • After years of blockage due to Hungary's veto, 4.7 billion euros in financing aid for Ukraine will be returned to EU member states.
  • This release follows the electoral victory of Peter Magyar in April.

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Why It Matters

Hungary's veto under Viktor Orban blocked the reimbursement of European funds intended for Ukraine. The situation changed after the April elections.

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Financing aid to Ukraine: 4.7 billion euros will be returned to EU member states, after years of blockage

A veto from Viktor Orban's Hungary, close to Moscow, blocked the reimbursement procedure. Peter Magyar's victory in the Hungarian elections in April helped unblock the situation, as in other European issues.

Open Questions

  • How will the funds be distributed between Member States?

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This article was originally published by Le Figaro Actualités.

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