Berliner Boersenzeitung - Kremlin lauds Hungary PM for blocking EU aid to Ukraine

EUR -
AED 4.073852
AFN 72.104007
ALL 90.769855
AMD 405.067301
ANG 1.985385
AOA 1018.325221
ARS 1713.277178
AUD 1.624983
AWG 1.996716
AZN 1.885131
BAM 1.954983
BBD 2.25865
BDT 139.801599
BGN 1.938846
BHD 0.423063
BIF 3354.716125
BMD 1.109287
BND 1.433637
BOB 13.299943
BRL 6.191928
BSD 1.121428
BTN 105.390474
BWP 15.384891
BYN 3.3577
BYR 21742.017374
BZD 2.255361
CAD 1.581083
CDF 2567.998611
CHF 0.922999
CLF 0.027723
CLP 1091.1057
CNY 7.39933
CNH 7.39771
COP 3646.269428
CRC 507.236117
CUC 1.109287
CUP 26.911758
CVE 110.228889
CZK 24.357549
DJF 199.693681
DKK 7.4752
DOP 68.018024
DZD 151.739405
EGP 59.424261
ERN 16.639299
ETB 182.523628
FJD 2.518301
FKP 0.835327
GBP 0.835642
GEL 2.886075
GGP 0.835327
GHS 13.131994
GIP 0.835327
GMD 82.08723
GNF 9934.79017
GTQ 8.569193
GYD 234.988314
HKD 8.701821
HNL 30.144261
HRK 7.508772
HTG 146.992508
HUF 364.340191
IDR 20227.120128
ILS 3.526477
IMP 0.835327
INR 104.200005
IQD 1699.889879
IRR 2114383.456915
ISK 136.608516
JEP 0.835327
JMD 177.981694
JOD 0.786514
JPY 177.117562
KES 144.16277
KGS 97.006667
KHR 4573.522341
KMF 490.30501
KPW 998.357898
KRW 1478.978323
KWD 0.345265
KYD 0.93441
KZT 500.620868
LAK 25242.072094
LBP 100422.601827
LKR 372.689588
LRD 190.637548
LSL 18.384926
LTL 3.275435
LVL 0.670996
LYD 7.188613
MAD 10.939363
MDL 20.151671
MGA 5074.314796
MKD 61.574231
MMK 2329.19615
MNT 3998.871435
MOP 9.060115
MRU 45.238384
MUR 52.535693
MVR 17.084989
MWK 1944.554204
MXN 20.621178
MYR 4.527002
MZN 70.874032
NAD 18.383021
NGN 1494.076194
NIO 41.266667
NOK 10.603432
NPR 168.625519
NZD 1.99529
OMR 0.426526
PAB 1.121458
PEN 3.821504
PGK 5.036373
PHP 70.670981
PKR 307.909142
PLN 4.402198
PYG 6922.700938
QAR 4.087861
RON 5.344991
RSD 117.602152
RUB 91.817888
RWF 1659.156465
SAR 4.184466
SBD 8.974958
SCR 15.34923
SDG 667.239268
SEK 11.05068
SGD 1.425173
SHP 0.831206
SLE 25.401019
SLL 23261.190252
SOS 640.890046
SRD 41.760191
STD 22959.992994
STN 24.492087
SVC 9.811901
SYP 14422.944033
SZL 18.389893
THB 37.486077
TJS 10.305824
TMT 3.882503
TND 3.342205
TOP 2.670896
TRY 55.750132
TTD 7.604823
TWD 36.553234
TZS 2946.507021
UAH 51.005261
UGX 4575.604165
USD 1.109287
UYU 45.375135
UZS 13427.39077
VES 998.902048
VND 28489.253123
VUV 133.052118
WST 3.092468
XAF 655.957
XAG 0.021796
XAU 0.000282361449
XCD 2.997903
XCG 2.020856
XDR 0.784323
XOF 655.957
XPF 119.331742
YER 262.367796
ZAR 18.464053
ZMK 9984.914678
ZMW 22.848515
ZWL 357.189833
SSP 6418.912999
MXV 2.316387
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Kremlin lauds Hungary PM for blocking EU aid to Ukraine
Kremlin lauds Hungary PM for blocking EU aid to Ukraine / Photo: Miguel MEDINA - AFP

Kremlin lauds Hungary PM for blocking EU aid to Ukraine

Russia congratulated Hungary on Friday for blocking EU financial aid to Ukraine at a Brussels summit that nonetheless saw EU leaders overcome Budapest's opposition to agree Kyiv starting membership talks.

Text size:

"Hungary, in contrast to many European countries, firmly defends its interests, which impresses us," Kremlin spokesman Dmitry Peskov said in Moscow.

Hungarian Prime Minister Viktor Orban vetoed the European Union earmarking 50 billion euros ($54 billion) over four years for Ukraine, as the country battles Russia's invading army.

However, on Thursday, when the EU leaders discussed opening accession talks with Ukraine and Moldova, Orban agreed to leave the room so that his colleagues could approve the plan by consensus and not face a Hungarian veto.

Moscow slammed the move.

"This is absolutely a politicised decision -- the EU's desire to show support to these countries in this way. But certainly such new members can actually destabilise the EU," Peskov said.

Peskov said Brussels was intent on pitting eastern European countries against Moscow.

"Everything is being done to annoy Russia and antagonise these countries towards Russia," he said.

Hungary under Orban is Russia's best friend in the EU, and Moscow sees the country as one of its only allies inside the bloc.

Orban, in an interview with Hungarian state radio, linked the planned EU money for Ukraine to tens of billions of euros that Brussels has frozen for Hungary because of democratic backsliding and corruption concerns.

"This is a great opportunity for Hungary to make it clear that it should get what it deserves," Orban said. "We want to be treated fairly, and now there is a good chance that we can assert this."

- 'Workarounds' -

Faced with Orban's intransigence, the other EU leaders agreed to revisit the matter in another summit early next year.

Irish premier Leo Varadkar said the blocked discussion was "disappointing" but "there are workarounds" if Hungary continued to dig its heels in.

The other 26 countries could stump up the Ukraine aid money anyway, on a bilateral basis, he said, though the preference was to make it an EU package.

"We'll have to work on it over over the Christmas break and come back here sometime in January," Varadkar said as he arrived for the second day of the summit.

Lithuanian President Gitanas Nauseda said: "I see a possibility for a deal. Yes, it will take time, maybe several weeks will be needed."

Kyiv is urgently trying to change the narrative that backing from its Western allies is waning as doubts swirl over support from the United States.

Ukraine's President Volodymyr Zelensky, who did not attend the knife-edge summit, called the membership talks decision "a victory that motivates, inspires, and strengthens".

The White House -- which faces opposition from US Republicans to support for Ukraine -- hailed the "historic decision".

- EU unity tested -

The agreement to open membership negotiations with Kyiv does not mean that Ukraine will be joining the EU any time soon.

Before the talks can be launched, EU states must agree on a negotiating framework -- giving Orban ample opportunity to stall the process again.

In what some saw as a last-minute concession to coax Hungary, the European Commission agreed on Wednesday to unblock 10 billion euros of cash for Budapest that it has frozen. Another 21 billion euros remains out of Orban's grasp.

Orban's absence for the accession talks issue raised alarm bells for some EU leaders, worried such tactics could be replicated in future, thorny discussions, weakening bloc unity.

"I think a negative precedent is being set," said Cypriot President Nikos Christodoulides.

That unity was to be tested further on Friday, with the leaders trying to overcome divisions to formulate a common position over Israel's offensive in Gaza to destroy Hamas.

EU countries are divided between those backing calls for a ceasefire in Gaza -- supported by the overwhelming majority of the UN General Assembly -- and those supporting the stance of Israel and the United States that a ceasefire would bind Israel's hands as it tries to destroy Hamas.

"You can pursue terrorists without engaging in the kind of war and destruction that Israel is engaging in at the moment in Gaza," argued Ireland's Varadkar.

"I'm not sure we can get agreement on the use of the word ceasefire, but I do think we'll see the European Union's position move on considerably" from wording in its last summit in October, when it backed Israeli action within the limits of international humanitarian law, he said.

burs-rmb/dc/db

(A.Berg--BBZ)