Media: Hungary blocks the EU peace fund. They demand the removal of several oligarchs from sanctions lists

blocked the seventh tranche of the European Peace Fund. Member States may receive from it the reimbursement of the costs of retrofitting and transport. The total budget of the Facility is €5.6 billion, having been increased by €2 billion in December. The EU has left a loophole through which the budget can increase to almost EUR 11 billion –

Hungary blocks peace fund supporting Ukraine. Will the decision be made without their consent?

For the time being, EU diplomats say, they announced their intentions at a meeting of experts. The question remains what they will do if it comes to a ministerial decision. On Monday, the heads of diplomacy of the member states will meet in Brussels and it is expected that pressure will be put on Budapest.

It is difficult for a small, pro-Russian state, which has exemptions from all sanctions, to dictate the position of the entire EU

– told RMF FM an EU diplomat.

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If Hungary does not give in, it is possible for the remaining 26 countries to make a decision without it. it already tried to do so when it was decided to provide Ukraine with a financial package of 18 billion euros. Eventually, however, at the end of the year, the government in Budapest relented.

Hungary demands that several Russian oligarchs be removed from the sanctions

Now, the irritation with Hungary’s attitude is even greater because it also demanded the removal of several Russian oligarchs from the EU sanctions list, as reported by the Brussels correspondent of Polish Radio on Wednesday. – Incomprehensible and shameful – told Beata Płomecka the Polish ambassador to the EU Andrzej Sadoś.