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Ukraine’s President Volodymyr Zelenskyy and Roberta Metsola, President of the European Parliament
The government has published the report on EU funding for Ukraine and the European Commission’s demands for tax increases and austerity measures, the Minister for EU Affairs announced on his Facebook page on Wednesday.
The Ministry of European Affairs has prepared a report on the European Union’s financing of Ukraine and the related economic measures demanded by Hungary. The report is intended to summarize the aid already provided by the European Union to Ukraine and to highlight the possible impact of the proposed financial demands on Hungary and Hungarian citizens, the document says.
The document recalls that since February 22, 2022, the EU has adopted 19 packages of sanctions against Russia. The motive of the sanctions is support for Ukraine, which is considered a priority over European economic interests and competitiveness. The EU is currently planning the 20th package of sanctions against Russia.
The report points out that between 2022 and 2025, the EU applied temporary trade measures against Ukraine that included unprecedented preferential arrangements in favor of Ukraine and caused significant damage to member states bordering Ukraine. Furthermore, in September 2024, the Commission President set EU accession negotiations with Ukraine as a priority for her second five-year term.
European Commission President Ursula von der Leyen. Photo: Philippe Buissin / European Parliament 2025
Since February 2022, the European Union and its member states have paid €193.3 billion to Ukraine, three times as much as Hungary has received in total since joining the EU,”
János Bóka emphasized in the post. Between 2004 and 2024, Hungary received €73 billion in net aid from the EU, taking all sources and legal bases into account.
The document goes on to state that, in accordance with the European Council decision of December 18-19, 2025, the EU will grant Ukraine further loans totaling €90 billion for the years 2026 to 2027. It is emphasized that the instrument will be created within the framework of enhanced cooperation, in which Hungary, the Czech Republic, and Slovakia are not participating.
The minister recalled that Ukrainian President Volodymyr Zelenskyy published a 20-point plan last Christmas that envisages $800 billion for the reconstruction and economic development of Ukraine over the next ten years, in addition to military and defense spending.
Brussels’ $800bn Ukraine bill: Here’s what Hungarians would pay if Brussels gets its way
— Zoltan Kovacs (@zoltanspox) January 14, 2026
Brussels’ $800bn Ukraine 
Ukraine has put forward a demand of $800 billion from The reports states that the EU, which is struggling with a budget deficit, could only continue to finance Ukraine with additional funds from member states. This would mean significant tax increases and austerity measures for European economies.
In order to provide the necessary funds, the European Commission has set expectations for Hungary within the framework of the European Semester (the EU’s annual framework for coordinating economic, budgetary, employment, and social policies), that are listed in the document from the Ministry of European Affairs and are as follows:
- Abolition of housing subsidies, the CSOK family subsidy, subsidized housing loans, and exemption from real estate transfer tax, as well as the introduction of higher property taxes.
- Reduction or abolition of the 13th month’s pension.
- Tax increase, introduction of a progressive income tax.
- Review of tax breaks for families, young adults, and mothers.
- Abolition of the reduction in utility costs, abolition of subsidies for fossil fuels, and a complete ban on energy imports from Russia.
- Taxation of returns on government bonds.
- Closing hospitals and reducing the number of beds.
- Abolishing work loans for young adults.
- Cutting subsidies for domestic SMEs, while at the same time calling for the abolition of special taxes for large foreign companies.
“This is the price of the war policy that the Hungarian people would have to pay if we allowed it,” the minister concluded.
<
p style=”text-align: justify”>Via cdn.kormany.hu, Featured image: European Union 2023 – EP/Alain Rolland
The post Only Austerity Measures Can Provide More Funding for Ukraine, EU Affairs Minister Warns appeared first on Hungary Today.
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