EU ready to make concessions to Hungary to provide aid package to Ukraine
The European Commission is ready to compromise on certain demands from Hungary in order to secure a 50 billion euro allocation for Ukraine, reports The Financial Times.
According to the potential move, the EU will include a review of the four-year support package next year, assessing whether Ukraine needs funds and whether it has fulfilled the requirements for EU assistance. This would allow Orban to veto its extension.
The European Commission is also prepared to conduct an annual audit of aid and introduce an “emergency brake” clause, allowing any country to express serious concerns about payments to Ukraine for discussion at EU leaders’ summits. However, this would not give Hungary an additional opportunity to veto funding.
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