Hungarian government does not want to give more EU money for Ukraine – UPDATED
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Hungary’s government finds it concerning that the European Commission is requesting that member states contribute an additional 50 billion euros in support of Ukraine for the next four years when it is unclear how the country has utilised the 70 billion it has received so far, a finance ministry official said on Friday.
It is also “unacceptable” that member states are expected to contribute to financing interests on loans when Hungary still has yet to receive the share of the loans it is entitled to, the ministry cited state secretary Tibor Tóth as saying at a meeting of EU finance ministers (Ecofin) in Brussels.
Halfway through the current financial cycle, the European Commission has proposed amendments in connection with which the Hungarian government has a number of concerns, Tóth said. The 100 billion euro amendment package includes the establishment of a so-called Ukraine Facility which would be dedicated to supporting Ukraine with 50 billion euros between 2024 and 2027, he said. But, he added, it was unclear how Ukraine’s spending of the money it receives was monitored. He said the EC had not even confirmed whether the 50 billion euros would be enough for the coming years, MTI wrote.
Tóth said Ukraine’s receipt of the money was conditional on it guaranteeing the rights of its national minority communities. Until this condition is met, Hungary cannot support the EC’s proposal on funding for Ukraine, he added.
The EU has not published a financial statement account for moneys spent. Furthermore, Hungary has not received money from EU. Ukraine has not published a financial statement of monies received. EU actually supporting the war. Hungary should not contribute to the expansion of the war.