Current:Home > MarketsHungary’s foreign minister hints that Budapest will continue blocking EU military aid to Ukraine -Balance Wealth Academy
Hungary’s foreign minister hints that Budapest will continue blocking EU military aid to Ukraine
View
Date:2025-04-13 19:54:46
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! (3)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Stocks inch up in erratic trading as investors remain nervous
- 4 hotel employees charged with being party to felony murder in connection with Black man’s death
- How to prepare for a leadership role to replace a retiring employee: Ask HR
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Weak spots in metal may have led to fatal Osprey crash off Japan, documents obtained by AP reveal
- Can chief heat officers protect the US from extreme heat?
- Texas man whose lawyers say is intellectually disabled facing execution for 1997 killing of jogger
- Meet first time Grammy nominee Charley Crockett
- Spain vs. Brazil highlights: Brazil holds off comeback, will play for Olympic gold
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- USWNT coach Emma Hayes calls Naomi Girma the 'best defender I've ever seen — ever'
- All the 2024 Olympic Controversies Shadowing the Competition in Paris
- Stephen Curry talks getting scored on in new 'Mr. Throwback' show
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- 23 Flowy Pants Starting at $14.21 for When You’re Feeling Bloated, but Want To Look Chic
- How to prepare for a leadership role to replace a retiring employee: Ask HR
- Stocks bounced back Tuesday, a day after a global plunge
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
A judge has branded Google a monopolist, but AI may bring about quicker change in internet search
San Francisco Ferry Fleet Gets New Emissions-Free Addition
Jennifer Lopez's Latest Career Move Combines the Bridgerton and Emily Henry Universes
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
I was an RA for 3 Years; Here are the Not-So-Obvious Dorm Essentials You Should Pack for College in 2024
Georgia tops preseason college football poll. What are chances Bulldogs will finish there?