PM Shmyhal about EUR 50B from EU: All 27 countries tentatively agree to support programme
UKRINFORMJan 26
Report: EU Plans to Harm Hungarian Economy if Ukraine Funding Fails
The Facts
Following Hungarian Prime Minister Viktor Orbán's veto of a proposed €50B ($55B) aid package to Kyiv in December, Ukrainian Foreign Minister Dmytro Kuleba will meet in the Ukrainian city of Uzhhorod. The meeting is expected to prepare for eventual talks between Ukrainian Pres. Zelenskyy and Orbán.
This comes at the same time as leaked internal EU documents showed the bloc was planning to undermine Hungary's economy if it continued to block aid packages. The plan sought to worsen Hungary's inflation, currency, and debt issues by member states freezing EU funds headed to Budapest.
The Spin
Pro-establishment narrative
Most Western states and their politicians understand the importance of giving aid to Ukraine, which is why the minority against it will lose. In the US, the Senate Foreign Relations Committee is seeking ways to use frozen Russian assets to fund Ukraine, while in Europe, there are several options the EU can use to bypass another Hungarian veto.
Establishment-critical narrative
While Hungary has already agreed to approve funding so long as it isn't allocated over four years, the EU doesn't like compromise and will target its supposed allies who disagree with the status quo. Inter-EU economic and trade policy is completely unrelated to funding for Ukraine — Budapest understands this fact, but the corrupt politicians in Brussels seem not to care about the rule of law and are focusing on punishing Hungary instead.
Nerd narrative
There is a 17% chance that Russia will have significantly expanded its controlled territory in Ukraine by January 1, 2026, according to the Metaculus prediction community.