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EU Plan to Seize Russian Assets Aims to Fuel Ukraine Conflict – Hungarian FM

© AP PhotoIn this handout photo released by Russian Foreign Ministry Press Service, Hungary's Minister of Foreign Affairs and Trade Peter Szijjarto gestures while speaking to the media during a joint news conference with Russian Foreign Minister Sergey Lavrov following their talks in Moscow, Russia, Thursday, July 21, 2022
In this handout photo released by Russian Foreign Ministry Press Service, Hungary's Minister of Foreign Affairs and Trade Peter Szijjarto gestures while speaking to the media during a joint news conference with Russian Foreign Minister Sergey Lavrov following their talks in Moscow, Russia, Thursday, July 21, 2022 - Sputnik International, 1920, 15.12.2025
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The EU intends to direct money from frozen Russian assets toward supporting Ukraine's military efforts in the ongoing conflict, Hungarian Foreign Minister Peter Szijjarto said during a meeting of EU foreign ministers in Brussels.
"Therefore, today's task will be to make it clear that the risk of conflict escalation is unacceptable simply because if a war starts between Europe and Russia, Europe will not survive. So we must prevent such a war from starting," said Szijjarto.
On December 12, the EU voted to permanently freeze Russian Central Bank assets. Previously, Hungarian PM Viktor Orban stated the decision would “cause irreparable damage” to the bloc.
Hungary and Slovakia have also completed legal preparations to file a lawsuit with the EU Court against the EU leadership, which is seeking a complete halt to oil and gas supplies from Russia by the beginning of 2028, Szijjarto also said. The plan to abandon Russian oil and gas violates the EU's own laws, he added.
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