But Orban’s political director, Balázs Orbán, said they would only lift their veto if Brussels handed over all the money it had frozen – amounting to 30 billion.

One EU official told Politico: “A solution is possible.

WATCH: Von der Leyen discusses the EU’s support for Ukraine

“We will have to give [Viktor Orbán] something. That hurts, but that’s the way it goes.

They added: “We’re on a knife’s edge.”

The EU’s ruling body agues it had no choice but to release the mone because Hungary made the necessary reforms and now respects the rule of law.

One EU official said that freezing funding “was actually much more effective than we had expected”.

Another added: “We could keep freezing the funds, but then we would be bending the rule of law.”

Orban has been in a battle with the EU in recent months, repeatedly blocking EU plans to continue providing financial support to Ukraine.

He also threatened to derail the EU’s plan to grant Ukraine membership, saying Hungary would not take a decision on the nation’s accession to the bloc until EU leaders held a “strategic discussion” on the issue.

Hungrary has increasingly been at loggerheads with Von Der Leyen, with President Victor Orban accusing her of “pursuing her own agenda”.

Von der Leyen is at odds with Orban on multiple issues, including Hungary’s refusal to sanction Russia.

The country has maintained strong economic ties to the Russian regime, and continues to import pipeline oil and gas from Putin.

Meanwhile, there is a growing perception among Hungarian officials that the Commission forces its policies upon member states.

As a result, Balázs Orban has warned that Hungary’s support for Von der Leyen at next year’s EU elections is no longer a given.

He said: “We were very supportive of her.

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“But now she’s pushing her own political agenda without consulting member states, on geopolitics, relationship with the U.S. and China, on war issues, sanctions.”

He accused Von der Leyen of being at the helm of a “divisive” routine, saying that “the way the Commission is operating is not good for unity”.

The political director added: “They come up with a proposal and then put pressure on member states to say yes.”