EU Court Rules Hungary Cannot Block Frozen Russian Asset Profits for Ukraine Aid

TL;DR Summary
The European Court of Justice dismissed Hungary’s challenge to using revenues from frozen Russian assets to fund Ukraine’s military aid, ruling the matter falls outside its jurisdiction and should be handled by the General Court. Because Hungary abstained from initial votes on the allocation, it was excluded from subsequent ERA decisions, while the EU continues directing asset profits to Ukraine’s aid.
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- Portugal backs using frozen Russian assets for Ukraine, understands Belgian concerns Reuters
- Belgium’s ‘Golden Goose’ Is Keeping Billions From Ukraine themoscowtimes.com
- EU looks for new path to tap Russian assets for Ukraine Financial Times
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