Ukraine's President Volodymyr Zelenskyy delivers a press conference with Hungary's prime minister in Kyiv on July 2, 2024.Genya Savilov/AFP via Getty Images

Hungary returns seized Ukrainian cash and gold in further sign of better relations – POLITICO

by · POLITICO

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 relations with Hungary,” Zelenskyy wrote on X, announcing that €35 million, $40 million and 9 kilograms of gold belonging to Ukraine’s state-owned Oschadbank had been handed back.