Hungary To Provide $195 Million In Financial Aid To Ukraine

Hungarian Prime Minister Viktor Orban arrives in Prague to attend an informal summit of the European Union on October 7.

Hungary will provide $195 million in financial aid to Ukraine as its contribution to a planned EU support package worth up to $18.6 billion in 2023, according to a government decree published late on November 23. The government has said it was willing to pay its share of support for Ukraine but would rather pay it bilaterally than see more of the joint borrowing that the EU agreed on to prop up its economies during the COVID-19 pandemic. To read the original story from Reuters, click here.