Hungary blocks EU loan to Ukraine – FT
Budapest has previously criticized the multibillion-euro scheme and opted out of co-funding it
Budapest has imposed a veto on a €90 billion ($106 billion) EU loan for Ukraine agreed in December, Financial Times has reported. Hungary, along with several other EU members, had previously opted out of the scheme, which was expected to be covered through joint EU borrowing.
The Hungarian representative raised an objection, the outlet said on Friday, citing four people familiar with the matter. The report did not provide any details. Brussels requires the unanimity of its 27 EU members to move forward with the plan.
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