Hungary blocking EU from giving Russian money to Ukraine – FT ...News

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Hungary blocking EU from giving Russian money to Ukraine – FT
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Budapest is obstructing all of the bloc’s efforts related to military support for Kiev, the paper’s sources claim Hungary has blocked legislation to allow the EU to hand over profits earned on frozen Russian assets to Ukraine, Financial Times reported on Saturday, citing sources. After the start of the Ukraine conflict, the West froze around $300 billion in Russian sovereign assets, with around $280 billion trapped in the EU. While the bloc stopped short of confiscating the assets outright due to legal concerns, earlier this week it approved the use of interest generated from the assets to provide military aid to

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