Hungary has lost a legal battle in the European Union's court over the use of profits from frozen Russian assets to aid Ukraine. This was reported by Qazaqyia.kz citing Reuters.
The court rejected Hungary's challenge to the EU's decision to direct revenues from Russian assets to support Ukraine. This ruling is a significant step in the EU's sanctions policy against Russia.
Hungary had previously objected to the use of such funds, arguing that it violates EU legal norms. However, the court did not accept Hungary's arguments and upheld the EU Council's decision as lawful.
This decision paves the way for additional financial assistance to Ukraine. The EU plans to use profits from frozen Russian assets for Ukraine's reconstruction. As Reuters reports, this case could set an important precedent in the EU's sanctions policy.