The Hungarian Government, led by Péter Magyar, has lifted the veto on military funding for Ukraine from the European Union. Therefore, Brussels can immediately disburse the sum of 6.6 billion euros, funds intended to compensate member states that have supplied weapons to Kiev, reports IPN.
The decision comes after Budapest has blocked payments for two years under the European Instrument for Peace. This extra-budgetary mechanism of the EU is used to compensate member states with approximately 40% of the value of military equipment sent to Ukraine.
Following the lifting of the veto, the EU will finalize the protocols for the effective distribution of funds. The Ukrainian Foreign Minister, Andrii Sibiha, has already asked European partners to use these resources for the purchase of air defense systems from the USA, through the NATO PURL program.
On the other hand, Péter Magyar stated last week that Hungary continues to maintain its refusal to supply Ukraine with weapons or military equipment purchased from its own budgetary funds. The Hungarian Prime Minister also conditioned support for Kiev’s accession to the European Union on obtaining firm guarantees regarding the rights of the Hungarian minority in Transcarpathia.
