Hungary vetoes EU joint loan for Ukraine as Germany pushes for Belgium to free up Russian assets

The Hungarian government does not support the EU taking out a €165 billion loan, 100 percent of which would support Ukraine. The European Commission wants the 27 EU member states to agree on a loan to support Ukraine’s struggling economy at a summit later this month, but borrowing from the EU budget requires unanimous approval.  … Continue reading Hungary vetoes EU joint loan for Ukraine as Germany pushes for Belgium to free up Russian assets