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Sharp dispute between Hungary and Ukraine escalates over pipeline and detained bankers

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The conflict between Hungary and Ukraine reached its peak on Friday, March 6, when Hungarian authorities detained seven employees of the Ukrainian state bank Oschadbank in Budapest. The group was transporting cash and gold samples from Austria in two vehicles, allegedly containing up to 40 million dollars, 35 million euros, and nine kilograms of gold. Hungarian authorities acted on suspicion of money laundering. Refresher.sk ↗ pravda.sk ↗

Ukrainian Foreign Minister Andrii Sybiha accused Hungary of holding the employees hostage and described the action as state terrorism. The banking group was transporting funds between state banks as part of a regular service. After their detention, the employees were later released and returned to Ukraine. Kyiv subsequently warned its citizens against traveling to Hungary and summoned the Hungarian chargé d'affaires. teraz.sk ↗ pluska.sk ↗

The incident took place amid an intensifying dispute over the Druzhba pipeline. Since January 27, oil deliveries from Russia via the pipeline to Hungary and Slovakia have been interrupted. Hungarian Foreign Minister Péter Szijjártó organized a protest in front of the Ukrainian embassy in Budapest, where he accused Ukraine and Brussels of blackmailing Hungary. Orbán declared that until oil transport is restored, Hungary will block financial support for Ukraine and will also jeopardize part of the supplies heading to Ukraine. Hungary is demanding that Kyiv restore the pipeline within three working days. The dispute underscores the worsening relations between Budapest and Kyiv and is also creating tension within the European Union. hnonline.sk ↗ trend.sk ↗
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