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EU continues to help Ukraine even in case of Orban's veto: Reuters learned plan B

EU continues to help Ukraine even in case of Orban's veto: Reuters learned plan B Viktor Orban, Prime Minister of Hungary (Photo: Getty Images)

The EU will find a way to provide financial assistance to Ukraine, even if Hungarian Prime Minister Viktor Orban vetoes the €50 billion allocation, according to Reuters.

"We know how existential it is. European leaders are responsible people - at least 26...They will stick to their commitments," said the official, speaking on condition of anonymity.

According to him, if Orban vetoes the 50 billion euros for Ukraine that the EU wants to promise to transfer by 2027, the bloc may allocate a smaller amount for a shorter period, or the other 26 EU countries may continue their assistance to our country on a bilateral basis.

At the same time, the official suggests that a compromise can still be found with Hungary, as it was in December last year when the EU allocated 18 billion euros for Ukraine. At the same time, he added that many members of the bloc are disappointed with the position of the Hungarian government.

"Across the board ..., the Hungarian hooligans are a problem when it comes to our policy vis-à-vis Russia's aggression against Ukraine," the diplomat said, speaking on condition of anonymity.

EU assistance to Ukraine

Back in June, the European Commission proposed to create a special mechanism for Ukraine that would provide grants and loans worth up to €50 billion for the period up to 2027.

In October, the European Parliament supported this proposal by establishing the Ukrainian Fund.

For the European Union to allocate these funds to help Ukraine, the consent of all members of the bloc is required. The issue will be discussed at the summit to be held on December 14-15.

A few days ago, the Financial Times reported, citing sources, that the EU is still far from agreeing on the allocation of such funds for Ukraine.