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Hungary protests EU plan to freeze Russian assets using majority vote

Hungary’s PM Orban calls EU’s plan to freeze Russian assets indefinitely using a majority vote “unlawful” and damaging to the union.

BUDAPEST: Hungary protests against what it calls an “unlawful” step planned by European Union governments to freeze Russian assets indefinitely using a qualified majority vote, Prime Minister Viktor Orban said in a Facebook post on Friday.

“Brussels will step over the Rubicon today, with a written voting starting which will cause irreparable damage to the Union,” Orban said. “Hungary protests the decision and will do its best to restore a lawful situation.”

ALSO READ: Hungary defends Russian energy imports at Moscow conference

An agreement to freeze the Russian assets indefinitely would eliminate a risk to the plan of using them to finance Ukraine because Moscow-friendly Hungary and Slovakia would no longer have the power to veto an extension of the freeze every six months as now. – Reuters

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