Skip to content
Edit post

Orban says he agreed to $54 billion EU funding package for Ukraine due to control mechanism, guarantees on Hungary's funds

by Elsa Court and The Kyiv Independent news desk February 1, 2024 6:54 PM 2 min read
Hungarian Prime Minister Viktor Orban arrives at the European Council summit in Brussels on Dec. 14, 2023. (Jean Catuffe/Getty Images)
This audio is created with AI assistance

Hungarian Prime Minister Viktor Orban said he agreed to the 50 billion euro ($54 billion) EU funding package for Ukraine on Feb. 1 because there is a control mechanism in place and Hungary's funds "will not end up in Ukraine."

All 27 leaders of EU member states agreed to include the four-year support package, known as the Ukraine Facility, in the EU budget. Orban blocked the crucial funding during an EU summit last December.

"It is very important that the decision was made by all 27 leaders, which once again proves strong EU unity," President Volodymyr Zelensky reacted to the news on X.

Polish Prime Minister Donald Tusk said on Jan. 30 that the EU will find a way to pass the package "with or without" the support of Orban. The same day, Orban begrudgingly signaled his willingness to drop his opposition to the aid package.

In a video published on social media on the afternoon of Feb. 1, Orban said that negotiations lasted for many hours on the evening of Jan. 31 and morning of Feb. 1. "The topic was Ukraine and the question of whether the EU should support Ukraine and if so, how and with how much money."

Orban said that Budapest wanted to ensure that EU funds for Hungary, which the European Commission has frozen due to concerns with the country's fight against corruption and lack of transparency in public procurement, would not "sooner or later end up in Ukraine."

The EU Commission unlocked 10.2 billion euros ($11 billion) in frozen funds to Hungary ahead of the EU's final summit on Dec. 14-15, reporting that Hungary had fulfilled a specific set of judiciary reforms necessary to access the funding.

"We were also afraid that we would make resources available to Ukraine for too long and without control," Orban said, but a "control mechanism" was negotiated.

This "guarantees the reasonable use of the money," according to Orban. He also "received a guarantee that Hungary's funds cannot go to Ukraine."

"Our position on the war in Ukraine remains unchanged: we need a ceasefire and peace talks."

Opinion: Protecting Ukraine aid from Western political dysfunction
With each passing day, it becomes increasingly evident that Western support for Ukraine has become ensnared in various domestic and geopolitical developments that have nothing to do with Ukraine’s struggle to defend itself. As Russia’s war of aggression approaches its second anniversary, it is cruci…
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

2:47 AM

4 injured in Russia's attack on Dnipro.

At least four people were injured in Dnipro as Russia targeted the city with Shahed drones overnight on Feb. 23, Dnipropetrovsk Oblast Governor Serhii Lysak said.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.