Today: Monday, 5 December 2022 year

Orban opposed a pan-European loan for Ukraine.

Orban opposed a pan-European loan for Ukraine.

Hungary is ready to provide assistance to Kyiv on the basis of bilateral agreements, but against a pan-European loan, because it does not put Ukraine’s interests above its own, Hungarian Prime Minister Viktor Orban said.

“Hungary does not agree that EU member states should jointly provide loans to help Ukraine,”  Orban said at the conference.

 

The Hungarian prime minister suggested that the EU countries “proportionately and fairly” distribute among themselves the total amount that is planned to be allocated to Ukraine.

“Hungary will annually allocate from the national budget an amount of 60-70 billion forints as part of a bilateral agreement concluded with Ukraine,” Orban said, noting that Budapest supports Kyiv, but “does not want to put Ukraine’s interests above its own.”

The European Commission has previously proposed a plan for economic assistance to Ukraine in the amount of up to 18 billion euros. On the same day, Hungary said at a meeting of EU ambassadors that it could not support the aid package.