The EU pressures Orbán to lift the Hungarian veto on funds for Ukraine. Budapest maneuvers for concessions in deal to throw financial lifeline to kyiv but accuses Brussels of “blackmail” The accusation is mutual.

“For several member states, support for Ukraine is a question of existentialism, survival and strategy,” says a European diplomat. The possibility of withholding funds if there is no deal on Ukraine on Thursday – something that would scare away investors – has added fuel to an acrimonious debate.