The Financial Times writes about a new threat to the allocation of 50 billion euros to Ukraine by the European Union. In addition to Hungary's position, EU member states are still unable to agree on replenishing the common budget, which is supposed to allocate funds to support Ukraine, according to the publication's sources.
Reaching a compromise is complicated by the victory of the far right in the Dutch elections and the recent German court decision to limit the government's borrowing.
Germany and "other states" have stated that they will not transfer any additional funds to the EU beyond what Ukraine needs. The rest of them demand additional money to solve domestic political problems, such as migration.
The €50 billion for Ukraine (€17 billion in grants and €33 billion in loans) was combined with requests for €15 billion for migration, €10 billion for investments in "strategic technologies," and almost €19 billion to pay interest on EU common loans.
At the last summit of EU leaders in October, German Chancellor Olaf Scholz called the European Commission's calculations "comical," sources say.
"Failure to approve long-term financing, a separate €20 billion mechanism for arms purchases and the start of accession talks would be a blow to Kyiv after the failure of its summer counter-offensive and growing concern about waning Western support," the FT writes.
A budget deal will be "very, very difficult," a senior official says. However, a compromise is still possible.