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EU finds way to bypass Hungary's veto on €6 billion in military aid to Ukraine - Bloomberg

EU finds way to bypass Hungary's veto on €6 billion in military aid to Ukraine - Bloomberg Photo: Viktor Orbán, Prime Minister of Hungary (Getty Images)

The European Union is discussing ways to bypass Hungary's veto on the decision to fund military aid to Ukraine worth over 6 billion euros. One solution has already been found, Bloomberg reports.

According to sources cited by the news agency, the European External Action Service is considering allowing EU member states to make voluntary contributions to the European Peace Facility.

This decision would enable the allocation of funds from the facility based on the agreement of contributors, rather than requiring consensus from all member states.

It remains unclear whether this initiative will gain support, as many EU decisions require consensus.

Bloomberg's sources noted that EU ambassadors will meet on Tuesday to discuss the details of this plan.

What preceded this

Hungary has been blocking the financing of military aid to Ukraine amounting to 6.5 billion euros within the European Peace Facility for several months.

This is reportedly due to Budapest's concerns that the funds it contributed to the facility could be used for military aid to Ukraine.

Recently, Hungarian Foreign Minister Péter Szijjártó stated that Hungary would continue to block the 6.5 billion euro decision as long as Ukraine does not resume the transit of Russian oil by Lukoil.