Current:Home > StocksEU aid for Ukraine's war effort against Russia blocked by Hungary, but Kyiv's EU membership bid advances -Wealth Axis Pro
EU aid for Ukraine's war effort against Russia blocked by Hungary, but Kyiv's EU membership bid advances
View
Date:2025-04-14 04:47:25
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! (744)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- This $40 Portable Vacuum With 144,600+ Five-Star Amazon Reviews Is On Sale for Just $24
- Beavers Are Flooding the Warming Alaskan Arctic, Threatening Fish, Water and Indigenous Traditions
- The number of Black video game developers is small, but strong
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- After a Clash Over Costs and Carbon, a Minnesota Utility Wants to Step Back from Its Main Electricity Supplier
- Travis King's family opens up about U.S. soldier in North Korean custody after willfully crossing DMZ
- Why does the Powerball jackpot increase over time—and what was the largest payout in history?
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Boy reels in invasive piranha-like fish from Oklahoma pond
Ranking
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Save 48% on a Ninja Foodi XL 10-In-1 Air Fry Smart Oven That Does the Work of Several Appliances
- Inside Clean Energy: Well That Was Fast: Volkswagen Quickly Catching Up to Tesla
- The Collapse Of Silicon Valley Bank
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- California toddler kills 1-year-old sister with handgun found in home, police say
- Chicago Billionaire James Crown Dead at 70 After Racetrack Crash
- Some of Asa Hutchinson's campaign events attract 6 voters. He's still optimistic about his 2024 primary prospects
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Planet Money Records Vol. 3: Making a hit
Boy, 7, killed by toddler driving golf cart in Florida, police say
For Emmett Till’s family, national monument proclamation cements his inclusion in the American story
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Inside Clean Energy: What Happens When Solar Power Gets Much, Much Cheaper?
CNN Producer David Bohrman Dead at 69
Climate Activists Target a Retrofitted ‘Peaker Plant’ in Queens, Decrying New Fossil Fuel Infrastructure