The Orbán government wants a loan of 16 billion EUR from the SAFE programme.
92% confidence
DefenceHungary
Omissions
The exact figure varies slightly across sources, with some reporting €16 billion and others approximately €17.3 billion (which may include currency conversion differences).
The loan is specifically for defence/rearmament purposes under the SAFE programme.
The Commission had not yet approved Hungary's request at the time of the claim, pending rule of law and anti-corruption assessments.
Sources
SecondaryPoliticoHungary is holding up the EU's latest set of sanctions on Russia to pressure the European Commission into approving its €16 billion in EU defense loans under the SAFE programme
SecondaryEuractivThe EU's top diplomat Kaja Kallas hinted that the Commission would enforce 'safeguards' when assessing countries' plans to spend their SAFE loans, with Hungary's €16 billion in defence loans at risk due to rule of law concerns
SecondaryUnited24 MediaThe European Union has effectively stalled approval of a €16 billion ($17.3 billion) defense loan for Hungary after Budapest blocked Ukraine funding
SecondaryMilitarnyiThe European Union has frozen the allocation of approximately €16 billion in rearmament loans to Hungary under the SAFE program