{"id":10412,"date":"2026-03-08T08:52:30","date_gmt":"2026-03-08T07:52:30","guid":{"rendered":"http:\/\/0"},"modified":"2026-03-08T08:52:30","modified_gmt":"2026-03-08T07:52:30","slug":"the-veto-from-budapest","status":"publish","type":"post","link":"https:\/\/www.aacc.co.at\/en\/the-veto-from-budapest\/","title":{"rendered":"Veto from Budapest"},"content":{"rendered":"<div class=\"vgblk-rw-wrapper limit-wrapper\">\n<p>This is not the first time <em>Hungary<\/em> has slowed down the <em>European Union<\/em> during a key foreign policy phase. But rarely has a blockade been as symbolic as this time. While Brussels is working on a <strong>new sanctions<\/strong> package against Russia and intends sending \u00a0a multi-billion-euro loan to Ukraine, Budapest has opposed the measures, forcing the Union into another fundamental debate about its own ability to act.<\/p>\n<p>At the EU foreign ministers\u2019 meeting, the <strong>20th<\/strong> sanctions package could not be adopted. At the same time, Hungary is blocking the final formal step for a<strong> Eur 90 billion<\/strong> loan to Ukraine, which the heads of state and government had already unanimously approved in December. The European Parliament has also \u00a0given its consent. Politically everything is decided \u2013 legally, however, one final act is missing. And this is exactly where Budapest steps in. EU foreign affairs representative <em>Kaja Kallas<\/em> called it a setback. <em>Ant\u00f3nio Costa<\/em> also reminded <em>Hungary\u2019s Prime Minister<\/em> that joint decisions are politically binding. The tone is becoming \u00a0sharper<span class=\"HwtZe\" lang=\"en\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">.<\/span><\/span><\/span><\/p>\n<p>Hungary\u2019s argument is \u00a0energy policy. The Hungarian foreign minister claims that Ukraine is blocking the resumption of oil deliveries via the <strong>\u201cDruzhba\u201d<\/strong> pipeline. Without Russian crude oil, Hungary sees its own supply security as threatened. As long as the pipeline remains inactive, <em>Budapest<\/em> will not approve new sanctions \u00a0against <em>Russia<\/em> or financial aid for <em>Ukraine<\/em>.<\/p>\n<p>The Eur 90 billion loan is meant to provide financial stability for Ukraine till the end of 2027.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<p><!-- .vgblk-rw-wrapper --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is not the first time Hungary has slowed down the European Union during a key foreign policy phase. But rarely has a blockade been as symbolic as this time. While Brussels is working on a new sanctions package against Russia and intends sending \u00a0a multi-billion-euro loan to Ukraine, Budapest has opposed the measures, forcing&nbsp;\u2026<\/p>\n","protected":false},"author":2,"featured_media":9000866,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[57],"class_list":["post-10412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-english"],"_links":{"self":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts\/10412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/comments?post=10412"}],"version-history":[{"count":0,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts\/10412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/media\/9000866"}],"wp:attachment":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/media?parent=10412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/categories?post=10412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/tags?post=10412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}