EU Offers Frozen Funds to Hungary in Exchange for Support on Ukraine

1 min read
Source: Reuters
EU Offers Frozen Funds to Hungary in Exchange for Support on Ukraine
Photo: Reuters
TL;DR Summary

The European Union is considering unlocking billions of euros in frozen funds for Hungary as it seeks Budapest's approval for aid to Ukraine, including starting membership talks. Hungary, which has closer ties with Russia than other EU states, is seen as a potential opponent to opening accession talks with Kyiv. The EU's decision on unlocking funds for Hungary and increasing contributions to aid Ukraine requires unanimity among member states. Hungary's economic needs and the condition of implementing judicial independence reforms will play a role in the potential deal.

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