Kyiv hails Hungary returning seized cash, eyes mending ties
Zelenskyy said the return followed a diplomatic row after Hungary seized $40 million, 35 million euros and 9 kilograms of gold in March.
- On Wednesday, Ukrainian President Volodymyr Zelensky announced that Hungary returned $40 million, 35 million euros, and nine kilograms of gold seized from Oschadbank employees in March.
- Hungarian authorities detained seven Oschadbank couriers on March 5 while transporting the assets through Budapest, triggering a diplomatic row that Ukraine characterized as "hostage-taking."
- The incident stemmed from a serious falling-out in February between Zelensky and Hungarian Prime Minister Viktor Orban over Russian oil deliveries via the Druzhba pipeline.
- After Orban lost the April 12 election, successor Peter Magyar ended the confrontation with Kyiv, allowing oil deliveries through the Druzhba pipeline to resume.
- Zelensky thanked Budapest for the return, calling it a "constructive and civilized step" that signals improved bilateral relations between the two nations.
35 Articles
35 Articles
Hungary has returned cash and gold seized from employees of the National Bank of Ukraine in March during a political dispute, President Volodymyr Zelensky said on Wednesday. The announcement marks a further thaw in relations between Kyiv and Budapest after the election defeat of Russia-friendly Hungarian Prime Minister Viktor Orbán in April.
Hungary has returned to Ukraine cash and gold seized by Budapest in March after a group of Ukrainian bank employees were detained while being transported through Hungary, Ukrainian President Volodymyr Zelensky said, adding that it was a new step towards improving relations between the two countries.
Kyiv hails Hungary returning seized cash, eyes mending ties
Hungary has returned cash and gold of Ukraine's Oschadbank seized by Budapest's security service in March, President Volodymyr Zelenskiy said on Wednesday, as Kyiv welcomed the move toward normalising strained ties under Hungary’s outgoing government.
Hungary returns seized Ukrainian cash and gold in further sign of better relations
Ukrainian President Volodymyr Zelenskyy said Wednesday that Hungary has returned millions in cash and gold seized from a Ukrainian state bank convoy earlier this year. The release of the funds is a fresh sign that the countries’ relationship has mellowed since Hungarians voted out Prime Minister Viktor Orbán, with his successor Péter Magyar also working hard to improve relations with Brussels to unlock European Union funds. “An important step in…
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