Hungary Blocks EUR 500 mln Intended to Buy Weapons for Ukraine
Hungary blocked the payment of the eighth tranche from the European Peace Facility of EUR 500 million for weapons that EU member states send to Ukraine, according to ukrinform.net.
The EUR 500 mln tranche was set to be paid next Monday, May 22. But Budapest blocked the decision, allegedly demanding "guarantees" that the European Peace Facility would not be used in the future to help Ukraine exclusively.
As reported, on March 20, the European Council adopted a decision to accelerate the supply of ammunition to Ukraine and to increase the capabilities of the European defense industry.
Under that policy, EU member states will supply Ukraine with one million artillery rounds over the next 12 months.
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