Reuters: The European Union has a “Plan B” in case Hungary vetoes a new aid package for Ukraine

The EU authorities have developed a “plan B” in case Hungary vetoes a new aid package for Ukraine in the amount of 50 billion euros, Reuters reports, citing European officials.

According to the agency's interlocutors, EU countries will be able to bypass the veto, but to do this they will have to develop their own aid packages and conclude appropriate agreements with Ukraine.

“The workaround is tedious, but we have it if needed,” said one official. He also added that the EU will soon get tired of “Budapest holding everyone hostage.” The agency’s second source agreed with this, emphasizing that Kyiv will in any case receive assistance from the European Union.

that EU countries are considering a backup plan in case Hungary vetoes a 50 billion euro aid package for Ukraine Bloomberg reported . According to agency sources, the backup plan will include national guarantees from EU member countries to attract financing on the markets. Some countries, Bloomberg wrote, are in favor of finding an alternative solution, but Spain and the European Commission support a long-term financing plan.

• Hungary often blocks EU financial assistance to Ukraine and also opposes the inclusion of some Russians on sanctions lists. Hungarian Prime Minister Viktor Orban previously met with Russian President Vladimir Putin in 2023. Hungary threatens to block negotiations with Ukraine on joining the European Union.