Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
EU leaders face a new showdown with Hungary as they seek to unblock economic aid to Ukraine

EU leaders face a new showdown with Hungary as they seek to unblock economic aid to Ukraine

The Hindu
Thursday, February 01, 2024 09:40:02 AM UTC

EU leaders gather to provide financial support for Ukraine, but Hungarian Prime Minister Viktor Orban stands in their way.

European Union leaders are gathering on February 1 to shore up financial support for Ukraine. The overwhelming majority of them — from 26 countries — agree that Europe’s security is at stake, and that time is of the essence. Only one, Hungarian Prime Minister Viktor Orban, stands in their way.

Almost two years since Russia invaded, the war has ground to a halt and Ukraine’s war-ravaged economy desperately needs propping up. But political infighting in the EU and in the United States is depriving Kyiv of a long-term source of funding. More than $100 billion is being held up.

In December, the 26 other leaders agreed on a package worth 50 billion euros ($54 billion) for this year through 2027. They also agreed to make Ukraine a candidate for EU membership, which Mr. Orban reluctantly accepted.

“Securing agreement is vital for our credibility, and not least for our commitment to provide steadfast support to Ukraine,” European Council President Charles Michel, who is chairing the summit, said in his invitation letter to the leaders. But the financial package is part of a review of the EU’s continuing seven-year budget, which must be approved unanimously.

Mr. Orban, the EU leader with the closest ties to Russia, is angry at the European Commission’s decision to freeze his Government’s access to some of the bloc’s funds. The executive branch did so over concerns about possible threats to the EU budget posed by democratic backsliding in Hungary.

In response, Hungary vetoed statements at the EU on a range of issues. Mr. Orban also exported the problem to NATO, by blocking high level meetings with Ukraine until only recently. Budapest is also holding up Sweden’s bid for membership in the military organisation. “I don’t want to use the word blackmail, but I don’t know what other better word” might fit, Estonian Prime Minister Kaja Kallas told reporters as she arrived at EU headquarters in Brussels for the meeting.

“Hungary needs Europe,” she said, highlighting the country’s own economic problems and high interest rates. “He should also look into what it is in it for Hungary, being in Europe.”

Read full story on The Hindu
Share this story on:-
More Related News
Indian student dies after suffering severe injuries in house fire in U.S.

Indian student Sahaja Reddy Udumala dies from severe injuries in a house fire while pursuing her Master’s in Albany, NY.

U.K. sanctions British Sikh businessman, group over pro-Khalistan terrorism in India

U.K. sanctions British Sikh businessman Gurpreet Singh Rehal for alleged ties to pro-Khalistan terrorism, freezing his assets and disqualifying him as a director.

New York woman charged with smuggling individuals from India into U.S.

New York woman Stacey Taylor charged with smuggling Indian nationals into the U.S. faces severe legal consequences.

U.S. Supreme Court to decide whether Trump's birthright citizenship order violates Constitution

Supreme Court to review the constitutionality of Trump's birthright citizenship order impacting children of undocumented immigrants.

U.S. deportation flight with 172 migrants lands in Venezuela’s Caracas

A U.S. deportation flight carrying 172 Venezuelan migrants lands in Caracas amidst heightened military tensions and ongoing drug trafficking claims.

FIFA gives President Donald Trump Peace Prize in departure from its traditional focus on sport

FIFA awards President Trump a peace prize, marking a significant shift from its traditional sports focus during the 2026 World Cup draw.

India-Russia friendship remains steady like the pole star, says PM

PM Modi emphasizes the enduring India-Russia friendship, highlighting energy ties and new collaborations during Putin's visit.

German lawmakers approve plan to attract more military recruits that stops short of conscription

German lawmakers approve a plan to boost military recruitment without reinstating conscription amid rising security concerns from Russia.

Watch: Putin visit - Can India walk the balance with the West?

Watch: Putin visit - Can India walk the balance with the West?

Trump strategy shifts from global role and vows 'resistance' in Europe

Trump's new strategy prioritizes regional concerns, promoting resistance in Europe and reasserting U.S. dominance in Latin America.

Israel's cabinet approves 2026 budget with a hefty $35 billion for defence

Israel's cabinet approves a $35 billion defense budget for 2026, facing a challenging parliamentary vote amid political polarization.

Sri Lanka issues fresh landslip warnings as death toll hits 607

Sri Lanka issues urgent landslip warnings as Cyclone Ditwah's death toll rises to 607 amid ongoing heavy rainfall and evacuations.

EU regulators hit Elon Musk's X with 120 million euro fine for breaching social media law

EU regulators fine Elon Musk's X 120 million euros for breaching digital laws on transparency and user safety.

India will help build ‘inclusive’ Bangladesh: High Commissioner

India's High Commissioner emphasizes ongoing support for an inclusive Bangladesh on Maitri Divas, commemorating their historic ties and sacrifices.

Turkiye says Gaza administration, police force should come before Hamas disarmament in ceasefire deal

Turkiye emphasizes establishing a Palestinian administration and police force before Hamas disarmament in the ceasefire process.

Venezuela's Machado to receive peace prize in Oslo: Nobel Institute

Venezuelan opposition leader Maria Corina Machado confirms plans to accept her Nobel Peace Prize amid threats from the government.

India-Russia ties among 'steadiest' globally: Jaishankar

EAM Jaishankar highlights India-Russia ties as among the steadiest globally, emphasising economic engagement and strategic autonomy.

India-Russia ties among 'steadiest' globally: Jaishankar

EAM Jaishankar highlights India-Russia ties as among the steadiest globally, emphasising economic engagement and strategic autonomy.

Qatari leader says Gaza ceasefire is at critical moment

Qatar's Prime Minister highlights the Gaza ceasefire's critical phase, urging international cooperation for lasting peace and stability in the region.

Sudanese paramilitary drone attack kills 50, including 33 children in Kordofan, doctor group says

Sudanese paramilitary drone strike kills 50, including 33 children, in Kordofan, escalating violence amid ongoing conflict.

South Africa hostel shooting leaves 11 dead

A mass shooting at a Pretoria hostel leaves 11 dead, including a child, highlighting South Africa's escalating gun violence crisis.

Russia unleashes massive drone, missile attack on Ukraine as diplomatic talks continue

Russia launches a massive drone and missile attack on Ukraine amid ongoing diplomatic talks to resolve the four-year conflict.

Israeli defence firm says it plans to supply first batch of LMGs to India early next year

Israeli defence firm IWI plans to supply 40,000 LMGs to India next year, enhancing local production and collaboration.

Major terror bid foiled in Pakistan’s Punjab Province, 24 terrorists arrested

Pakistan's Punjab Province foils a major terror plot, arresting 24 terrorists and seizing explosives during extensive operations.

Iran files case against marathon organisers after hijab breach

Iranian authorities file a criminal case against marathon organizers for allowing women to compete without hijabs, amid rising enforcement calls.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us