Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Budapest, March 21 (Xinhua) — Hungarian Prime Minister Viktor Orban on Friday defended his decision to maintain his veto on a large loan to Ukraine, directly linking it to ongoing disruptions in oil supplies through the Druzhba pipeline.
Speaking at a press conference in Brussels following the first day of the European Council summit, V. Orbán confirmed that Hungary refuses to approve the final formal stage of the European Union's (EU) €90 billion (US$103 billion) financial aid package for Ukraine as long as the "oil blockade" remains in place.
"No oil, no money," Orbán declared. Despite significant pressure from other EU leaders, Hungary's position remains unchanged, he emphasized.
The proposed loan is a "bad strategic decision," he said, noting that while the pipeline is technically operational, the current transit disruptions are "political in nature."
Orbán also suggested that other EU members could circumvent the collective mechanism and provide support to Ukraine on a bilateral basis. He criticized the existing EU system for concealing the source of funds.
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