Current:Home > MarketsHungary’s foreign minister hints that Budapest will continue blocking EU military aid to Ukraine -Clarity Finance Guides
Hungary’s foreign minister hints that Budapest will continue blocking EU military aid to Ukraine
View
Date:2025-04-18 11:02:47
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! (4)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Michael Bublé Details Heartwarming Moment With Taylor Swift’s Parents at Eras Tour
- Shanghai bear cub Junjun becomes breakout star
- 'The Later Daters': Cast, how to stream new Michelle Obama
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- US inflation likely edged up last month, though not enough to deter another Fed rate cut
- Travis Kelce Praises Taylor Swift For Making Eras Tour "Best In The World"
- Stock market today: Asian stocks are mixed ahead of key US inflation data
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Southern California forecast of cool temps, calm winds to help firefighters battle Malibu blaze
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- North Carolina announces 5
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Follow Your Dreams
- Fewer U.S. grandparents are taking care of grandchildren, according to new data
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Fewer U.S. grandparents are taking care of grandchildren, according to new data
- Beyoncé will perform halftime during NFL Christmas Day Game: Here's what to know
- The brewing recovery in Western North Carolina
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Jim Leach, former US representative from Iowa, dies at 82
'Mary': How to stream, what biblical experts think about Netflix's new coming
US weekly jobless claims unexpectedly rise
Stamford Road collision sends motorcyclist flying; driver arrested
See Mariah Carey and Nick Cannon's Twins Monroe and Moroccan Gift Her Flowers Onstage
She grew up in an Arizona church community. Now, she claims it was actually a religious cult.
Chiquis comes from Latin pop royalty. How the regional Mexican star found her own crown