Hungary Vetoes Ukraine Aid After EU Backs Membership Talks

  • EU leaders to meet again early next year to salvage deal
  • Accession deal came after Hungary’s Orban left room for vote
WATCH: The EU’s €50 billion aid package for Ukraine was blocked by Hungarian PM Viktor Orban. Zoltan Simon reports from Budapest.Source: Bloomberg
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Hungarian Prime Minister Viktor Orban blocked the European Union’s planned financial aid package for Ukraine, sending the debate into early next year as the EU struggles to counter concerns that Western support is faltering.

Kyiv notched a significant political victory when the EU unexpectedly agreed to open membership talks, but the success was overshadowed after talks over a €50 billion ($54 billion) package broke down, even with 26 of the 27 members backing it.