EU faces financial burden as US stops aid to Ukraine

Bùi Đức |

Prime Minister Orban said the Hungarian people would suffer significant losses if the EU implemented a plan to replace the US in shouldering financial aid to Ukraine.

RT reported that on February 19, Hungarian Prime Minister Viktor Orban warned that countries in the European Union (EU) will replace the US in providing financial support to Ukraine in the context of Brussels being concerned about the possibility of Washington ending aid to Kiev after a series of eye-catching statements by Mr. Trump.

In recent days, President Trump has asked Ukraine to return the US the aid it has provided since the conflict with Russia broke out in February 2022.

The new Washington administration also noted that NATO members may have to bear the bulk of aid to Ukraine in the future as the US will focus resources on solving domestic problems.

According to Mr. Orban, Belgium could be the most active country in mobilizing the whole of Europe to participate in this plan and accept Ukraine's application to join the EU, while Kiev has not met the conditions. He affirmed that Hungary would never agree to this idea.

According to Brussels' proposal, Hungary will have to provide Ukraine with about 200 billion forints (equivalent to 520 million USD). Mr. Orban warned that if this plan is approved, Hungarian farmers will suffer significant losses due to the loss of area subsidies, because that amount will be transferred to Ukraine.

According to RT, the Hungarian leader has long disagreed with Brussels on the approach to the Ukrainian conflict, and even opposed the EU's provision of financial and military assistance to Kiev.

Meanwhile, Mr. Orban welcomed the US efforts in finding peace in Ukraine, including bilateral talks on February 18 between senior Russian and US officials in the capital Riyadh (Saudi Arabia).

According to many sources, the EU is urgently developing a plan to allow continued support for the Kiev government in the event of a US withdrawal of aid and lawmakers in Brussels are planning to discuss creating a new fund to raise money to provide military support to Kiev.

The fund is expected to be partly funded by profits from frozen Russian assets in the bloc, and partly by voluntary contributions from EU member states at their national income ratio.

Bùi Đức
RELATED NEWS

Russia warns of unpredictable consequences for EU troop deployment to Ukraine

|

Russia has opposed the Western plan to send troops to Ukraine after ending negotiations with the US in Saudi Arabia, and warned of unpredictable consequences.

Russian gas exports to EU are on the rise, breaking records

|

Russian gas exports to Europe via the TurkStream pipeline hit a record for the second consecutive week.

The paradox of Russian gas still flows into the EU en masse

|

EU imports of Russian gas skyrocketed, reaching nearly $2 billion in December last year.

Peeling leaves at the right time, Hai Phong peach growers wait for Tet flowers to bloom

|

Hai Phong - Currently, peach gardens in Tan Hung ward are entering the peak of peeling leaves, a key stage that determines the flowering time of the Tet crop.

Most expensive player of AFC U23 Championship 2026 fades before U23 Vietnam

|

Midfielder Musab Al-Juwayr of U23 Saudi Arabia - the highest valued player at the 2026 AFC U23 Championship played faintly against the U23 Vietnam defense.

Gold price update morning of January 13: Very strong increase, cash flow seeks shelter

|

Gold price update morning of January 13th: Simultaneously increasing. World gold prices increased sharply by more than 100 USD/ounce in just one day.

The fate of fraud boss Chen Zhi when extradited to China

|

Chen Zhi is being escorted back to China, facing criminal investigation, while Beijing is preparing to issue an arrest warrant for the related criminal network.

Golden Globe winner who was unknown for 10 years in Kpop

|

Female singer EJAE was touched when receiving the Golden Globe award thanks to the soundtrack song "Kpop Demon Hunters" - "Golden".

Russia warns of unpredictable consequences for EU troop deployment to Ukraine

Bùi Đức |

Russia has opposed the Western plan to send troops to Ukraine after ending negotiations with the US in Saudi Arabia, and warned of unpredictable consequences.

Russian gas exports to EU are on the rise, breaking records

Thanh Hà |

Russian gas exports to Europe via the TurkStream pipeline hit a record for the second consecutive week.

The paradox of Russian gas still flows into the EU en masse

Khánh Minh |

EU imports of Russian gas skyrocketed, reaching nearly $2 billion in December last year.