The European Commission is planning to unfreeze 10 billion euros for Hungary next week, Paralel.Az reports citing The Guardian.

According to the source, this is the third part of the overall suspended financing for the country.

EU diplomats claimed that it is not due to alleged blackmail from Hungarian Prime Minister Viktor Orban, who has repeatedly threatened to block negotiations on Ukraine's EU accession at the upcoming summit of leaders on Thursday and Friday.

"It's an unfortunate timing because it looks like horse-trading, but it's not," said one diplomat.