The proposed 50 billion euros ($54 billion) in four-year EU funding is the cheapest and most convenient way to back Ukraine, but there are alternatives if Budapest continues to block it, Ukrainian Ambassador to the EU Vsevolod Chentsov told Forbes Ukraine in an interview published on Jan. 18. Budapest blocked the funding under the Ukraine Facility during the European Council summit in December 2023. EU leaders are to reconvene on the issue on Feb. 1, with Brussels signaling that a deal might be reached even without Hungary’s approval. According to Chentsov, the backup options include an extrab…