EU refutes Orban: frozen Russian assets remain on the agenda.

According to ТСН: The European Union refutes the statements of Hungarian Prime Minister Viktor Orban that the idea of using frozen Russian assets to support Ukraine is no longer relevant.

An anonymous European official emphasized that the issue of financing Ukraine from Russian assets remains on the agenda despite Hungary's attempts to present it otherwise. The Hungarian Prime Minister's statement does not reflect the reality.

"In fact, the topic of discussion is still the reparations loan,"

He also added that discussions are ongoing among European leaders. An EU representative confirmed that the reparations loan 'is indeed still on the summit's agenda.'

Orban's Statement

Viktor Orban stated that the issue of frozen Russian assets would not be discussed at the EU summit, considering this his victory. He noted that Budapest is not prepared to take responsibility for a loan that would be used to support Ukraine and believes that the EU should also not follow this course.

The Prime Minister also expressed the opinion that the European Commission intends to promote the idea of joint loans, emphasizing that

"we will not let our families pay the bills for the war in Ukraine"

Orban reported that the President of the European Commission announced that the issue of Russian assets would not be brought to discussion.

"Thus, the negotiations behind the scenes and the struggle that we had last night led to a result, and if I correctly understand the words of the Commission President stated today, and I think I do, she said that Russian assets will not be brought to discussion tomorrow"

A key deal regarding Russian assets is brewing in Brussels. President of the European Commission Ursula von der Leyen stated that two possible mechanisms for financing are being considered by EU leaders: the use of frozen assets or joint borrowing by the EU. She emphasized that supporting Ukraine is a key element of European security.

German Chancellor Friedrich Merz assessed the likelihood of reaching an agreement on the use of frozen Russian assets to finance Ukraine's defense at "50-50". He noted that the EU needs to make a decision regarding the so-called "reparations loan" since Kyiv will need financing for at least another two years after the first quarter of 2026 when the current round of European aid ends.