"Hungary's Viktor Orban said his country was 'totally out' of what he called a 'bad decision' which brought Europe 'closer to war' - after the bloc passed a new loan plan for Ukraine following hours of talks. "Hungary is totally out of that. I think it's a bad decision. All the others, except the Czechs and Slovaks, think that it was a good decision. I think it was an extremely bad decision which bring Europe closer to the war. And it looks like a loan but, of course, the Ukrainians will never be able to pay it back," he said. Crunch talks between European leaders in Brussels saw them fail to agree on the keynote plan pushed by the European Commission to use frozen Russian assets for a $140bn 'reparations loan' for Ukraine. The alternative - a smaller $90bn loan over two years backed by the EU budget - needed a unanimous decision, with Hungary, Slovakia and the Czech Republic only agreeing to approve it on the proviso that they did not have to contribute. On the failed Russian frozen assets proposal, Belgium’s PM Bart De Wever said: "When we explained the text again, there were so many questions that I said, ‘I told you so, I told you so.’ There are a lot of loose ends. And if you start pulling at the loose ends in the strings, the thing collapses." Belgium - where the assets are held - and others warned of the impact on investor confidence, the need for 'risk-sharing' if Russia won a subsequent lawsuit, and questioned the legality. Italy, Belgium, Malta and Bulgaria called for alternatives to be explored, while others like Hungary and Slovakia have highlighted the need to end the Ukraine conflict - rather than fund more weapons- as well as ongoing corruption scandals in Ukraine. Russia condemned the frozen assets plan as 'illegal' and 'theft'. "