Bangladesh, Jan. 30 -- The European Union is considering ceasing all funding to Hungary if Prime Minister Viktor Orbán does not agree to lift his veto on the blocs provision of military aid to Kiev at a summit scheduled to take place on February 1 in Brussels, according to the Financial Times newspaper. The threat comes after European Council President Charles Michel ended his plans to step down to cynically ensure that Orbán does not preside over European Union summits.

In December 2023, Hungary vetoed the expansion of the EU budget for 2024-2027 to accommodate 50 billion euros in macro-financial aid to Ukraine. At the time, Michel told journalists that he expected EU leaders to unanimously approve financial aid to Ukraine in ...