Hungary Opposes Freeing up Further EUR 6.5 bln From EPF

Int’l Relations

Minister of Foreign Affairs and Trade Péter Szijjártó

Photo by I T S / Shutterstock.com

Hungary is sticking to its earlier position and has not backed the freeing up of a further EUR 6.5bn from the European Peace Facility for arms deliveries to Ukraine, Minister of Foreign Affairs and Trade Péter Szijjártó said after a meeting of his European Union peers in Brussels on Monday, according to a report by state news wire MTI.

Szijjártó said he had held firm to the government's position advocating peace and avoiding any escalation of the war in spite of "enormous pressure" from his colleagues.

Hungary also couldn't back another package of sanctions against Russia, the fourteenth, as the draft, in its current form, went against Hungary's economic interests and could put the security of the country's energy supply at risk, he added.

Szijjártó said suggestions regarding the introduction of conscription in Europe were "crazy" and "unacceptable". He added that Hungary didn't support even the discussion of a proposal to continue a training mission for Ukrainian soldiers in the area of Ukraine.

 He said that Hungarian companies were still facing "systematic negative discrimination" in Ukraine.

Commenting on a discussion of the situation in the Middle East, during which the EU ministers were joined by their counterparts from Saudi Arabia, Jordan, Egypt, the United Arab Emirates, and Qatar, as well as the Secretary-General of the League of Arab States, Szijjártó said he had acknowledged the Arab states for acting as intermediaries in the interest of freeing hostages. He also pointed to the importance of reaching an understanding on secure passage through Red Sea shipping channels.

He said there was no unified position within the EU on a two-state solution, adding that "many, many debates" regarding the matter were ahead.

Szijjártó said he was the only minister at the meeting to defend Georgia after legislation was approved there protecting the country's sovereignty and requiring the registration of organizations supported by foreign funding. He added that Hungary would give its full support to Tbilisi's integration when it took the revolving presidency of the Council of the EU in the second half of the year. Hopefully, the other member states won't block that process, he said.

OTP Redeems EUR 400 mln of Green Securities Banking

OTP Redeems EUR 400 mln of Green Securities

KDNP Pulls out of EPP After Tisza Joins Elections

KDNP Pulls out of EPP After Tisza Joins

Gloster Wins EUR 15 mln BMW Contract Deals

Gloster Wins EUR 15 mln BMW Contract

Int'l Travelers to Europe Prioritize Safety, Quality This Su... Tourism

Int'l Travelers to Europe Prioritize Safety, Quality This Su...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.