EU Finds Way to Override Hungary's Veto of €6 Billion for Ukraine

Representatives of the European Union have found a way to circumvent Hungary's veto on funding for more than €6 billion in aid to Ukraine. Bloomberg reports this with reference to its sources familiar with the discussions.

According to the sources, the European External Action Service is considering allowing EU member states to make voluntary contributions to the European Peace Fund.

This would make it possible in the future to allocate funds for assistance only at the discretion of individual countries, without the unanimous support of all EU countries.

According to them, EU ambassadors will meet on Tuesday to discuss the details of this plan.

However, it is unclear how much support it will receive, as many key EU decisions require unanimity.

In March, the EU Council agreed to establish a Support Fund for Ukraine within the European Peace Fund, which was to be used by member states to compensate for military supplies to Ukraine.

It is known that it is Hungary that is blocking the allocation of billions of euros from the European Peace Fund to finance military assistance to Ukraine.

This is despite the fact that Budapest has assurances that Hungary's contributions to the European Peace Fund will not be used for any military assistance to Ukraine.

The EU High Representative for Foreign Affairs and Security Policy, Josep Borrell, promised to find a solution to circumvent the blocking of the allocation of more than €6 billion from the European Peace Fund.