Current:Home > FinanceHungary’s foreign minister hints that Budapest will continue blocking EU military aid to Ukraine -WealthConverge Strategies
Hungary’s foreign minister hints that Budapest will continue blocking EU military aid to Ukraine
View
Date:2025-04-19 12:26:44
BUDAPEST, Hungary (AP) — Hungary’s foreign minister on Wednesday said that his government wants guarantees from Kyiv that a Hungarian bank, recently removed from a Ukrainian list of sponsors of Russia’s war, will not be placed back on that list in the future — a sign that Budapest may not be ready to lift its veto of a major military aid package to Ukraine.
Foreign Minister Peter Szijjarto said that a Monday decision by the Ukrainian National Agency of Corruption Prevention to remove OTP Bank from the list was a “step in the right direction,” but that Hungary required further assurances before it would change its approach to Ukraine in any international settings.
Hungary’s Foreign Ministry has invited Ukraine’s anti-corruption agency to come to Budapest “as soon as possible” to discuss the listing of OTP, Szijjarto said, “so that we can negotiate an agreement that guarantees that no such decision will be taken (again) in the future.”
“If a reassuring agreement is reached there, then we will of course have to consider what steps this justifies on our part,” Szijjarto told a news conference.
Ukraine added OTP to its list of sponsors of the war in May in response to the financial institution continuing its operations in Russia – and thus paying taxes to the central government – after Moscow launched its full-scale invasion of Ukraine in February 2022.
In response, Hungary has blocked an EU military aid package to Kyiv worth 500 million euros since May, vowing it would not withdraw its veto until OTP was removed from the list.
Last week, Ukraine’s anti-corruption agency temporarily removed the bank from the list in the hopes that Budapest would lift its veto of the funding. But Hungarian officials signaled that the temporary removal was not enough, and the agency fully removed the bank from the list on Monday.
Hungary’s Foreign Ministry did not respond to emailed questions about whether Szijjarto’s comments indicated that Hungary would continue blocking the EU aid package despite OTP being taken off the war sponsors list.
The Hungarian government, led by nationalist Prime Minister Viktor Orbán, has sparred with Kyiv over a number of issues since Russia’s full-scale invasion began.
Orbán, who has maintained ties with Russian President Vladimir Putin, has argued against supplying Ukraine with weapons and refused to allow Hungary to do so, and has fervently argued against imposing EU sanctions on Moscow, though he has never ultimately voted against them.
Last week, Orbán cast doubt on the prospect of the EU beginning negotiations any time soon for Ukraine to join the bloc, saying it was unrealistic to launch the accession process with a country that’s at war. He told the Hungarian parliament last week that his government would “not support Ukraine on any international issue” until the language rights of a Hungarian minority in western Ukraine are restored.
On Wednesday, Szijjarto said that Hungary also expects Ukraine to remove OTP’s Russian branch and four of its Hungarian executives from a list of entities submitted for sanctions.
veryGood! (3339)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- The Best Amazon Prime Day Bedding Deals of 2024: Shop Silky Sheets, Pillows & More up to 64% Off
- ‘Shogun’ could rise and ‘The Bear’ may feast as Emmy nominations are announced
- Bertram Charlton: Is there really such a thing as “low risk, high return”?
- All That You Wanted to Know About She’s All That
- Cody Johnson sings anthem smoothly at All-Star Game a night after Ingris Andress’ panned rendition
- Johnny Depp Is Dating Model Yulia Vlasova
- Don't Miss the Floss-ome 50% Discount on Waterpik Water Flossers This Amazon Prime Day
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Former mayor known for guaranteed income programs launches bid for California lieutenant governor
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Meet NBC's Olympic gymnastics broadcaster who will help you understand Simone Biles’ moves
- Aging bridges in 16 states will be improved or replaced with the help of $5B in federal funding
- When job hunting, how do I identify good company culture? Ask HR
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Why Messi didn't go to Argentina to celebrate Copa America title: Latest injury update
- Builders Legacy Advance Investment Education Foundation: The value of IRA savings 2
- Trump’s Environmental Impact Endures, at Home and Around the World
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Liv Tyler’s 8-Year-Old Daughter Lula Rose Looks So Grown Up in Rare Photos
Minnesota’s ban on gun carry permits for young adults is unconstitutional, appeals court rules
What Trump's choice of JD Vance as his VP running mate means for the Senate
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
High school coach in California accused of texting minors to commit sex crimes
Rachel Lindsay Ordered to Pay Ex Bryan Abasolo $13,000 in Monthly Spousal Support
Bears finally come to terms with first-round picks, QB Caleb Williams and WR Rome Odunze