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EU devises legal loophole to bypass Hungary veto on support for Ukraine

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest -- delivered directly to your inbox.The EU has devised a legal workaround to sidestep Hungary’s veto on buying weapons for Ukraine with the profits generated by Russia’s frozen assets this year, in a move that could also clear the way for the G7 to pay $50bn to Kyiv.EU chief diplomat Josep Borrell told the Financial Times that since Hungary abstained from an earlier agreement to set aside the proceeds from Russia’s frozen assets, it “should not...
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