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EU funding row deepens as Hungary blocks Ukraine aid

Budapest made good on threat to oppose 18 billion support

06 December, 19:42
(ANSA-AFP) - BRUSSELS, DEC 6 - Hungary on Tuesday blocked a mammoth EU aid package for Ukraine, as Prime Minister Viktor Orban seeks to pressure Brussels into handing him billions of euros in frozen funds. Budapest made good on its threat to oppose 18 billion euros ($19 billion) of financial support for war-torn Ukraine at a meeting of EU finance ministers in Brussels. The much-needed aid for Kyiv is one of several initiatives Budapest is stalling as it faces having 13 billion euros in EU funds for it frozen by the bloc over its failures on stopping graft and ensuring judicial independence. Hungary is also vetoing a longstanding push for an EU-wide minimum corporate tax. The Czech presidency of the EU said it would now try to find a way for the other 26 member states to bypass Hungary's opposition and get the financial support to Kyiv.

(ANSA-AFP).

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