Hungary: Seizing Russian Assets a ‘Dead Idea’
According to the International Desk of Webangah News Agency, Hungarian Prime Minister Viktor Orban declared on Thursday that confiscating Russian assets is a non-starter. Orban explained that there are enough opponents within the European Union to prevent the implementation of this plan.
The Hungarian Prime Minister further stated that Hungary cannot participate in providing European loans to Ukraine using frozen Moscow assets. He emphasized that Hungarian participation would require parliamentary approval, which will not be granted.
The leaders of the 27 EU member states are convening in Brussels for a two-day European Council summit, where the controversial proposal to use frozen Russian assets to fund loans to Ukraine is expected to be a key agenda item.
The leaders are also expected to hold strategic discussions on Ukraine, the upcoming multi-annual financial framework, enlargement, and the territorial-economic situation of the bloc. Developments in Western Asia, European defense, and migration are also on the agenda.
Discussions will focus on providing financial support to Ukraine, security guarantees, and diplomatic efforts towards achieving peace, while also assessing progress on the EU’s long-term budget for the years 2028 to 2034.
