Current:Home > MarketsEU aid for Ukraine's war effort against Russia blocked by Hungary, but Kyiv's EU membership bid advances -Edge Finance Strategies
EU aid for Ukraine's war effort against Russia blocked by Hungary, but Kyiv's EU membership bid advances
View
Date:2025-04-12 21:34:39
Hungary's far-right government blocked 50 billion euros — the equivalent of about $55 billion — in aid funding for Ukraine late Thursday. It was another blow for Ukraine's war effort, as it battles to retake land seized by invading Russian forces, just days after President Volodymr Zelenskyy failed to convince American politicians to release billions of dollars in aid with a trip to Washington.
Hungary blocked the tranche of European Union funding shortly after an agreement was reached by the bloc to begin talks on Ukraine's long-held request for EU membership.
Fears have mounted in Ukraine that, without continued funding and more weaponry from its partners in the West, Russia could gain an advantage following a Ukrainian summer counteroffensive that failed to achieve major gains. A $61 billion dollar aid package from the U.S. has been delayed due to political disagreements in Washington, with Republicans demanding new border security measures and immigration policy changes in exchange for granting the funding.
- Failure to pass Ukraine funding would be "Christmas gift" to Putin, Biden says
"We still have some time, Ukraine is not out of money in the next few weeks," Dutch Prime Minister Mark Rutte said in response to Hungary blocking the EU's aid package. "I am fairly confident we can get a deal early next year. We are thinking of late January."
Far-right Hungarian Prime Minister Viktor Orban has close ties with Russia and has long opposed Ukraine becoming a member of the EU, as does Moscow. Orban left the negotiating room momentarily for the EU membership vote, according to CBS News partner network BBC News, which said the move was pre-arranged.
Ukraine formally applied to join the EU shortly after Russia launched its full-scale invasion of the country on Feb. 24, 2022.
"This is a victory for Ukraine. A victory for all of Europe. A victory that motivates, inspires and strengthens," Zelenskyy said on social media in response to the EU's vote.
White House National Security Adviser Jake Sullivan called it a "crucial step toward fulfilling their Euro-Atlantic aspirations."
Orban later said on Hungarian state radio that he'd fought for hours to stop other EU members from voting to begin talks on Ukraine's membership bid, but said the path for Ukraine would be very long, and Hungary could still top it if it wanted to.
- In:
- Ukraine
- Russia
- Hungary
Haley Ott is cbsnews.com's foreign reporter, based in the CBS News London bureau. Haley joined the cbsnews.com team in 2018, prior to which she worked for outlets including Al Jazeera, Monocle, and Vice News.
Twitter InstagramveryGood! (3)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Thousands of Czechs rally in Prague to demand the government’s resignation
- Home health provider to lay off 785 workers and leave Alabama, blaming state’s Medicaid policies
- Long Island serial killings: A timeline of the investigation
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Kelsea Ballerini Shares Her and Chase Stokes' First DMs That Launched Their Romance
- Los Angeles sheriff's deputy shot in patrol vehicle, office says
- Ford and GM announce hundreds of temporary layoffs with no compensation due to strike
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Private Louisiana zoo claims federal seizure of ailing giraffe wasn’t justified
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Drew Barrymore Reverses Decision to Bring Back Talk Show Amid Strikes
- U.S. border agents are separating migrant children from their parents to avoid overcrowding, inspector finds
- Dodgers win NL West for 10th time in 11 seasons
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Poison ivy is poised to be one of the big winners of a warming world
- NFL odds this week: Early spreads, betting lines and favorites for Week 3 games
- Italian air force aircraft crashes during an acrobatic exercise. A girl on the ground was killed
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Turkey cave rescue survivor Mark Dickey on his death-defying adventure, and why he'll never stop caving
Russell Brand Denies Sexual Assault Allegations Made Against Him
Star studded strikes: Celebrities show up for WGA, SAG-AFTRA pickets
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Chiefs overcome mistakes to beat Jaguars 17-9, Kansas City’s 3rd win vs Jacksonville in 10 months
Rolling Stone founder Jann Wenner under fire for comments on female, Black rockers
Chinese police detain wealth management staff at the heavily indebted developer Evergrande