Loading ...Hungary Blocks €500 Million In EU Weapons Funding For Ukraine After Kiev Sanctions Hungary’s Biggest Bank
Hungary won’t agree to EU financing as long as Ukraine keeps its ban on OTP Bank…
Budapest has demanded guarantees that the EPF will maintain its global horizon in the future and not only be used to arm Ukraine.
A day before the council’s decision, the Ukrainian National Agency for the Prevention of Corruption (NACC) included OTP Bank in the list of international war sponsors. This decision was justified by the position of the bank’s management on the continuation of its activities in Russia and the de facto recognition of the so-called “people’s republics” of Donetsk and Luhansk.
“This is an attack on Hungary and therefore NATO, according to NATO Article 5,” Hungarian security policy expert György Nógrádi told daily Magyar Nemzet in an interview.