Hungary's Prime Minister Viktor Orbán has slammed the European Union after it announced on Thursday is was indefinitely immobilising the assets of the Russian Central Bank, a central element of the reparations loan to Ukraine.

"Brussels is crossing the Rubicon today," Orbán wrote in a social media post published on Friday.

"The subject of the vote is frozen Russian assets, which until now have been voted on every six months by EU member states, resulting in unanimous decisions. With today's procedure, Brussels is abolishing the unanimity requirement with the stroke of a pen, in a clearly unlawful manner."

CREATIVE SOLUTIONS AGAINST CREATIVE VETOES

The long-term immobilisation was agreed by ambassadors on Thursday afternoon under Article 122 of the EU treaties, which only requires a qua

See Full Page