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Hungary has blocked the European Union’s approval of directing profits from frozen Russian assets towards the purchase of weapons for Ukraine, according to the Financial Times. Five anonymous individuals who attended the EU ambassadors’ meeting on Wednesday, May 22, stated that Hungary is hindering the EU initiative to provide weapons for Ukraine. After prolonged debates, EU countries agreed to use profits from approximately €190 billion, stuck in the Belgian central securities depository Euroclear, for purchasing weapons for Ukraine. However, the Hungarian ambassador opposed accelerating the …

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