Hungary demands Ukraine must allow OTP Bank to operate in return for EU military support

Hungary will block the next tranche of European Union military support for Ukraine and any new sanctions package against Russia unless Kyiv removes Hungarian bank OTP from its banned list, Hungarian Foreign Minister Peter Szijjarto said on Wednesday.

Hungary did not approve the disbursement of the next tranche of military support for Ukraine provided under the EU's European Peace Facility (EPF), a government spokesman's office said on Tuesday.