“Hungary has blocked a potential decision to issue Eurobonds to finance Ukraine, an idea the European Commission has put forward as an alternative to a loan against Russia’s frozen assets.”, — write: www.pravda.com.ua
Source: “European Truth” with reference to Politico
Details: During the meeting of EU ambassadors in Brussels on Friday, Budapest rejected the idea of issuing joint bonds secured by the seven-year EU budget to finance Ukraine.
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As Politico writes, this “deprives the EU of a potential ‘plan B’ in case it fails to find a way to use the frozen assets of the Russian state to finance a €165 billion loan to Kyiv.”
This week it became known that the European Commission considers borrowing on foreign markets under the guarantees of the EU budget or “reparation loans” from immobilized rockets to finance Ukraine in the next two years.
But the plan for rosaktiv slowed down due to the resistance of Belgium, which fears potential retaliatory steps by the United States.
According to the Bloomberg agency, the US conducted lobbying in several countries of the European Union, trying to block the EU’s plans regarding the use of frozen assets of the Russian Federation to secure a loan to Ukraine.