Politico: Orban Wants to Derail EU Loan to Ukraine to Help Trump

14.10.2024 17:07

Hungarian Prime Minister Viktor Orban refuses to approve an extension of the anti-Russian sanctions.

This will complicate the provision of loans to Ukraine at the expense of frozen Russian assets and will help former US President and Republican presidential candidate Donald Trump to refuse to participate in financing Ukraine if he is re-elected.

This was reported by the European version of the American publication Politico, citing sources.

How Orban Can Help Trump

The countries of the European Union vote on the issue of extending anti-Russian sanctions every six months.

In October, EU ambassadors agreed on a mechanism for providing Ukraine with a 35 billion euro loan using income from frozen Russian assets.

Victor Orbán
Photo: miniszterelnok.hu

In order to ease the burden on EU countries, the US is ready to join in financing Ukraine, but on the condition of moving to extending anti-Russian sanctions every 3 years.

The idea has met with resistance from Hungary's prime minister, who is opposed to changing the approach to Russia's frozen assets until the results of the US presidential election are announced.

We are putting pressure on him, but Orban is not giving in yet, ” the publication quotes an unnamed European diplomat as saying.

According to Politico, the decision of the head of the Hungarian government may be motivated by a desire to help Trump.

If Brussels and Washington jointly sign up for a debt of 35 billion euros, a re-elected Trump will be forced to participate in it for years, the publication explains.

Timur Khomichev Author: Timur Khomichev Internet resource editor