Ukrainian President Volodymyr Zelenskiy has recently urged allies to provide more funding and said that a failure to do so would threaten Western security.
“If all countries put in 1% of GDP, I would say the job would be done,” Latvian Foreign Minister Krisjanis Karins told reporters on Monday.
Hungarian Prime Minister Viktor Orban is a vocal critic of the EU’s financial and military support for Kyiv and has maintained close ties with the Kremlin since Russia’s invasion of neighboring Ukraine in February 2022.
The Financial Times reported on Sunday that the EU would sabotage Hungary’s economy if Budapest blocked aid at an emergency summit on Thursday (February 1).
Urban has signaled his readiness for a compromise allowing Ukraine’s proposed European Union aid package.
EU Military Aid To Ukraine
European leaders are trying to agree on a €50 billion aid package to Ukraine that Hungary blocked in December. EU aid is critical as $60 billion in U.S. funding remains blocked in Congress.