Pro-Putin Hungary Foils EU's Plan; Blocks Legislation On Using $280 BN Russian Assets for Ukraine

Hungary has blocked legislation that would allow the EU to hand over profits earned on frozen Russian assets to Ukraine. As per a report by the Financial Times, Hungary’s envoy opposed expedited payments to Ukraine using Russian interest income. Meanwhile, Moscow has denounced the decision to transfer profits from its assets to Ukraine as blatant and illegal “expropriation." Watch this video to know more.