Monday, May 22, 2023

Hungary to reject military aid to Ukraine as long as OTP Bank on its blacklist

Hungary will not support giving any additional military assistance from the European Peace Facility until its OTP Bank is taken off of Ukraine’s list of international war sponsors, Hungarian Foreign Minister Peter Szijjarto said on Monday.

He recalled that EU countries want to increase military assistance to Ukraine from the European Peace Facility to the tune of 500 million euro. "We demand the Ukrainians remove OTP from the list of international war sponsors. Until that happens, we will not give our consent to allocate these 500 million euro to EU countries as compensation for their spending on weapons to Ukraine," he told Hungarian journalists during a break in the meeting of the EU foreign ministers in Brussels.

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