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December 21, 2023Hungarian Prime Minister Viktor Orbán has stated that the EU might bypass Hungary’s veto in a renewed vote on allocating 50 billion euros in aid to Ukraine.
Bloomberg reported this development, indicating that the issue will be addressed at the summit early next year.
“There is no doubt that Hungary’s will can be bypassed in many areas. Others have such an opportunity, even in this sphere,” Orbán asserted.
According to Bloomberg, the proposal is to allocate funds to Ukraine outside the EU’s budgetary process.
Earlier, the President of the European Council announced the date of a new summit to discuss granting 50 billion euros to Ukraine. This is set to occur on February 1, 2024. It’s stated that during the EU summit, they aim to finalize a multi-year budget to support Ukraine until 2027. Charles Michel clarified that it would take a little more time to convince Hungary.
The Financial Times suggested that Hungary might lose its voting rights in the European Union to overcome the veto on aid to Ukraine. This action is linked to Article 7 penalties for “breaches of the rule of law,” which could lead to the suspension of voting rights.
However, there are several challenges in the way of such a radical decision. Firstly, another EU country could block it. Admittedly, with the rise of Donald Tusk’s government in Poland, one potential ally of Hungarian Prime Minister Viktor Orbán’s camp falls away. Yet, Slovakia remains.