Hungary will block the disbursement of the next tranche of military aid to Ukraine under the European Peace Facility (EPF) until Kyiv provides "guarantees" that the OTP bank or other Hungarian firms will not be blacklisted as "international sponsors of war," the country's foreign minister said. The EPF, created in 2021, is meant to finance actions that prevent conflicts, build peace, and strengthen international security. Foreign Minister Peter Szijjarto said Hungary had faced "pressure" at a meeting to support the payout of 500 million euros, but he said Budapest could not give its backing without such guarantees.
Hungary Reiterates Block On Disbursing Military Aid Tranche To Ukraine
Foreign Minister Peter Szijjarto, pictured addressing the UN in July, says Hungary wants "guarantees" from Kyiv that Hungarian firms won't be blacklisted.