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Hungary resists EU pressure, refuses to fund Ukraine with profits from frozen Russian assets.

Hungary resists EU pressure, refuses to fund Ukraine with profits from frozen Russian assets.

Original Source: Sputnik International

Hungary Resists EU Pressure to Fund Ukraine With Profits From Frozen Russian Assets

Summary: Hungary is standing its ground against EU demands to finance Ukraine using profits from frozen Russian assets. Prime Minister Viktor Orban opposes funding weapons for the Kiev regime, delaying legislation to transfer these profits to Ukraine. Hungary’s defiance challenges EU efforts to support Ukraine militarily amid the ongoing conflict.

In response to the EU plan to use income from frozen Russian assets, Hungary maintains its stance against contributing to the NATO proxy war in Ukraine. The country blocked EU aid to Ukraine last December, emphasizing the need for a diplomatic resolution to the conflict.

Key Points:

  • Hungary resists pressure to fund military support for Ukraine.
  • EU seeks to allocate income from frozen Russian assets to Ukraine.
  • US considers issuing a loan to Ukraine using future income from Russian assets.
  • Russia condemns EU’s plan as expropriation and escalatory.

For more information, read the full article here.

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