Hungary blocks EUR 500M intended to buy weapons for Ukraine – media

Hungary has blocked the payment of the eighth tranche from the Eurean Peace Facility in the amount of EUR 500 million for weapons that EU member states send to Ukraine.

That’s according to ANSA, Ukrinform reports.

"Hungary, surprisingly, today blocked the payment of the eighth tranche of the Eurean Peace Facility (EPF) for weapons intended for Ukraine," source td the agency.

The EUR 500 million tranche was set to be paid next Monday, May 22. But Budapest blocked the decision, allegedly demanding ‘guarantees’ that the Eurean Peace Facility will not be used in the future exclusively to help Ukraine.

Read also: Chinese, Hungarian foreign ministers exchange views on Ukraine

As reported, on March 20, the Eurean Council adted a decision to accelerate the supply of ammunition to Ukraine and to increase the capabilities of the Eurean defense industry. According to the decision, EU member states will supply Ukraine with 1 million artillery rounds, including 155 mm, over the next 12 months.

On May 5, the Council of the EU finally approved the allocation of EUR 1 billion within the Eurean Peace Facility for the purchase of ammunition and missiles for Ukraine.

Source: ukrinform.net

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