EU Court Rejects Hungary's Suit on Russia Asset Funds
The European Court of Justice rejected Hungary's claim against the decision of the European Peace Foundation (EPF) committee, which allocated a tranche from revenues from frozen Russian assets to support Ukraine.
Consensus
- The European Court of Justice rejected Hungary's lawsuit against the use of income from frozen Russian assets for Ukraine.
- The court ruled that the case falls outside its jurisdiction because it involves a political and strategic decision under the EU's Common Foreign and Security Policy.
- The decision relates to the European Peace Fund's allocation of funds from frozen Russian assets to support Ukraine.
- The ruling can be appealed within two months and ten days.
- Hungary had abstained from voting on the initial EU Council decision in May 2024 and was excluded from voting on the first disbursement in June 2024.
Points of divergence
- The European Court of Justice stated that the contested decision had a political or strategic character. — vedomosti
- The court's press release cited the lack of jurisdiction as the reason for rejecting the lawsuit. — interfax
- The European Peace Fund was established by the EU Council in 2021 to finance measures related to common foreign and security policy. — kommersant
- The first tranche of €6.6 billion was paid in May 2026. — kommersant
- Hungary claimed it was unfairly denied voting rights because it was not a 'contributing member state'. — vesti
- Russia's Kremlin press secretary Dmitry Peskov stated that using frozen Russian assets for Ukraine is entirely illegal and that Russia will use all legal means to defend its interests. — vedomosti
- Russia's Deputy Foreign Minister Alexander Grushko called the new scheme of seizing Russian assets 'theft'. — vesti
Coverage (5 sources)
- EU Court rejected Hungary's claim challenging use of frozen Russian assets income to aid Ukraine. In comm... — ТАСС (Telegram)
- Hungary lost EU court case over transfer of Russian assets income to Ukraine — Ведомости
- EU Court rejects Hungary's claim against use of Russian asset revenues to support Ukraine — Интерфакс
- EU Court rejected Hungary's claim against the use of Russian assets for Ukraine — Коммерсантъ
- EU Court rejected Hungary's claim against using Russian assets for Ukraine — Вести