Flag of Hungary in Budapest. Photo: Lightrocket via Getty Images
Hungary will withdraw its objections to creating a military aid fund for Ukraine with an annual budget of €5 billion, paving the way for an agreement to modernise the mechanism aimed at the stable supply of weapons to Kyiv.
Source: Bloomberg, citing source, as reported by European Pravda
Details: Sources familiar with the discussions say that Budapest has stated it will not obstruct reaching a consensus at the European Union ambassadors’ meeting on Wednesday.
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This decision signifies a shift from Hungary’s position earlier this week when it opposed reforming the current EU mechanism that reimburses member states for weapons they send to Ukraine.
The publication does not explain the abrupt change in Hungary’s stance. However, Budapest’s decision coincides with increasing pressure on Prime Minister Viktor Orbán to approve…
