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Orban's Veto Leaves Ukraine Facing €38 Billion Shortfall

12/9/2025

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Summary

Story summary

Hungary's Prime Minister Viktor Orban vetoed a €90 billion eurobond scheme aimed at funding Ukraine's defense on December 5.
Critics say Orban's veto aligns him with Russian interests, while supporters claim he is defending national sovereignty.
The veto leaves Ukraine with a projected €38 billion budget shortfall for the upcoming year.

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Story summary

Hungary's Prime Minister Viktor Orban vetoed a €90 billion eurobond scheme aimed at funding Ukraine's defense on December 5.
Critics say Orban's veto aligns him with Russian interests, while supporters claim he is defending national sovereignty.
The veto leaves Ukraine with a projected €38 billion budget shortfall for the upcoming year.