Hungarian Prime Minister Viktor Orban is preparing to become the country's president by amending the Constitution and endowing this position with new powers. This will allow him to maintain control over the country regardless of the results of the upcoming parliamentary elections.
Ambassadors of the European Union member states have voted to start the procedure for long-term freezing of Russian assets. This simplifies the process of holding frozen assets and is a step towards a potential loan for reparations.
EU Commissioner for Enlargement Marta Kos and Ukraine's Deputy Prime Minister for European Integration Taras Kachka announced in Lviv an agreed action plan for Ukraine for the coming year. The plan envisages accelerating key reforms and aims to confirm the country's readiness for EU membership.
The European Union has announced the approval of a new approach to Ukraine's accession talks, which provides for technical negotiations to advance the process. This decision was made following an informal meeting of the bloc's European affairs ministers in Lviv.
Hungarian Prime Minister Viktor Orban fully supported the US criticism of the EU, calling it the most important document of recent years. He noted that Americans see Europe's economic dead end and civilizational crisis.
The European Union is developing strategies to persuade Belgian Prime Minister Bart De Wever to support the allocation of 210 billion euros to Ukraine. If Belgium continues to block the plan, it may be ignored at the EU level, similar to Hungary.
Belgian Prime Minister Bart De Wever does not rule out legal action if the EU decides to seize Russian assets in Euroclear, emphasizing that the risks cannot be borne solely by Belgium. He considers confiscation a radical and ill-considered step, proposing other options for financing aid to Ukraine.
US sanctions against Russian oil giants Lukoil and Rosneft, which came into force on November 21, could cause a structural reorganization of the global oil sector. This will lead to the forced sale of assets and the redistribution of ownership of fields and refineries around the world.
The Washington Post reports on the outlines of a future peace agreement for Ukraine, which includes EU membership by 2027 and security guarantees from the US. The agreement provides for a demilitarized zone and territorial exchange, but Donald Trump could influence the course of negotiations.
EU countries intend to accelerate a decision on immobilizing up to 210 billion euros of Russian sovereign assets. This will allow them to bypass Hungarian Prime Minister Viktor Orban before next week's summit.
Hungary's opposition is demanding the resignation of Prime Minister Viktor Orbán and early elections after the release of a video showing physical abuse at a state-run juvenile detention center in Budapest. This incident occurred amid accusations of sexual abuse and the organization of a prostitution ring by the facility's former director.
A deputy of the Dnipro City Council has been notified of suspicion for forging documents. He went abroad under the guise of a business trip to spend a vacation with his family on the island of Rhodes in Greece.
The Dutch government has pledged an additional 700 million euros to Ukraine from the remaining funds in the budgets of the Ministries of Defense and Foreign Affairs. This amount is less than the parliament's request, but most parties supported the proposal.
Seven EU countries have called for the use of frozen Russian assets to finance a reparations loan to Ukraine. This decision will strengthen Ukraine's position and ensure compensation for damages caused by the aggression.
EU countries will have to allocate billions of euros to guarantee loans to Ukraine totaling up to 210 billion euros, with Germany providing support of up to 52 billion euros. The European Commission presented these figures after proposing a "reparation loan" for Ukraine of 165 billion euros from frozen Russian assets.
Hungary and Slovakia will file a motion with the European Court of Justice to overturn the RePowerEU plan, which provides for a complete ban on imports of Russian gas and oil. Hungarian Foreign Minister Péter Szijjártó stated that this step is due to the threat to secure energy supply and rising prices.
The Hungarian authorities do not support participation in financial assistance to Ukraine, thwarting the European "Plan B" to use frozen Russian assets. Budapest refused to join the issuance of joint Eurobonds, which increased tensions within the EU.
Russia declared the commander of the Ukrainian Armed Forces' Unmanned Systems Forces, Robert Brovdi, wanted on charges of involvement in the death of propagandist Hanna Prokofieva. Brovdi reacted to the accusations with a quote from Bulgakov's novel.
Hungarian Prime Minister Viktor Orban stated that the results of the upcoming parliamentary elections will decide whether Budapest will be drawn into a war with Russia. He noted that next year's elections will be the last before the war, as Europe has already decided to "go to war" by 2030.
Hungarian Prime Minister Viktor Orban announced the dispatch of a Hungarian business delegation to Moscow. The mission will focus on economic cooperation in post-war conditions, when Russia may be reintegrated into the Western economy.
Hungary blocked the decision to issue Eurobonds to finance Ukraine, which was an alternative to the "reparation loan. " Belgium also opposes it due to fears of lawsuits from Russia.
Hungary has officially refused to issue Eurobonds to support Ukraine. This complicates the search for alternative sources of financing for Kyiv if the EU cannot use frozen Russian assets.
The US is trying to block EU plans to use frozen assets of the Russian central bank to support a loan to Ukraine. Washington believes that these assets are necessary to secure a peace agreement between Kyiv and Moscow.
European leaders are warning Ukrainian President Volodymyr Zelenskyy not to succumb to Russia's demands without ironclad security commitments from the United States. They advise clearly defining America's role in security guarantees for Kyiv before agreeing to Russia's demands.
Lawmakers from Hungarian Prime Minister Viktor Orban's party have submitted a bill that makes it harder to remove the president from office. The amendment comes four months before elections in which the opposition seeks to reverse Orban's consolidation of power.
Oil prices rose: Brent to $63. 02, WTI to $59.36. Attacks on Russian oil pipelines and lack of progress in peace talks contribute to rising prices.
European low-cost airlines, including Wizz Air and Ryanair, plan to resume flights to Ukraine after a peace agreement is signed, predicting a boom in "catastrophe tourism" and the return of people. Wizz Air plans to base 15 aircraft within two years, and Ryanair could resume services two weeks after an agreement.
MEPs are considering regulating energy drinks for minors due to health risks. Some EU countries already have age restrictions, but the European Commission notes that there is insufficient data for safe daily limits for children.
Hungary and Slovakia will appeal to the EU's highest court to challenge the agreement to phase out Russian gas by September next year. Hungarian Foreign Minister Péter Szijjártó stated that the new restrictions are unacceptable, as Hungary cannot ensure energy supply without Russian sources.
The European Union has agreed on final rules that provide for a gradual cessation of Russian natural gas imports. A full embargo on supplies will come into force by the end of 2027 after approval by the EU Council and the European Parliament.