Ukraine has “no chance” of winning against Russia’s ongoing invasion, and the EU's continued financial support for the country is "just crazy," Hungarian Prime Minister Viktor Orban said.

Axar.az, citing Politico, reports that Orban's comments come as hopes fade for a ceasefire anytime soon and Europe scrambles to shore up Kyiv's finances ahead of a budget cliff-edge next year.

Hungary has previously blocked the prolongation of EU sanctions against Russia and financial support for Ukraine, and has lobbied for an exemption from U.S. oil sanctions on Moscow.

“We have already burned €185 billion, and … our intention is to to burn even more. So we finance a country which has no chance to win the war,” Orban said.