Hungary's Orban says funds to Ukraine must not come from EU budget

Prime Minister of Hungary Viktor Orban attends a news conference in Budapest, Hungary, June 21, 2018. REUTERS/Tamas Kaszas/File Photo

BUDAPEST (Reuters) - Hungary believes European Union funding to Ukraine must not be granted from the EU's budget and a "sensible" timeline should be set for any financing for Ukraine, Prime Minister Viktor Orban said on Thursday.

"I am convinced that to give Ukraine 50 billion euros ($54.70 billion) from the EU budget for five years... That's a bad decision," Orban told a news conference.