Hungary is holding up legislation that would allow the European Union to send billions of dollars in profits from frozen Russian assets for Ukrainian aid, the Financial Times reported. In March, the European Commission submitted a proposal on using 90% of the generated funds from the frozen assets to purchase weapons for Ukraine and allocate the remaining 10% to the EU budget to support the country’s defense industry. After many weeks of debates, EU ambassadors reached a political agreement on the proposal on May 8. But Hungary’s envoy is preventing legislation that would allow payments to be …