Hungary will provide $195 million in financial assistance to Ukraine, according to a government decree

According to a government decree released late on Wednesday, Hungary will contribute 187 million euros in financial aid to Ukraine as its contribution to a planned EU support package worth up to 18 billion euros in 2023.

The government of Prime Minister Viktor Orban has stated that it was willing to pay its share of support for Ukraine but would rather pay it bilaterally than through the EU’s joint borrowing.

The government said in the decree that “The government continues to be committed to taking part in financial support to war-gripped Ukraine.” It added, “So it calls on the finance minister to make sure to provide the 187 million euros that would be Hungary’s share in the 18 billion euros EU loan to be granted to Ukraine.”

The decree, signed by Orban, also states that Hungarian Foreign Minister Peter Szijjarto should begin negotiations with Ukraine in order to reach an agreement for financial assistance.