US EditionEU's Costa Urges Hungary's Orban to Respect 90 Bln Euro Loan Deal for ...
Hungary vetoed a key part of the €90 billion EU loan to Ukraine, citing energy security concerns linked to the Druzhba pipeline, affecting two-thirds of Ukraine’s budget needs.
- On Monday, António Costa told Viktor Orbán that leaders' consensus 'must be respected' after Hungary vetoed one element of the 90 billion euro loan to Ukraine.
- The dispute stems from damage to the Druzhba pipeline, which was severely damaged in late January by a drone attack attributed to Russia, and Prime Minister Orbán said Ukraine has refused to transfer crude since mid-February.
- Foreign ministers on Monday showed their outrage by wearing Ukrainian-flag lapel pins, while Hungary also vetoed sanctions against Russia due by 24 February, prompting Lithuania's Kęstutis Budrys to warn, `We cannot be disrupted each time by these vetoes`.
- With the first disbursement expected in early April, the European Commission's Oil Coordination Group convenes Wednesday, while Stenergard warned `We need to make sure Ukraine gets that money.`
- With Hungary facing an April election, Maria Malmer Stenergard said `We need to make sure Ukraine gets that money`, and Macron insisted commitments must be honoured, while Wadephul urged reconsideration.
27 Articles
27 Articles
With his attachment Viktor Orbán is much more correct than his critics think. But with the blockade of Ukraine aid Hungary's prime minister even harms his own interests.
Orbán Says Support for Ukraine EU Loan Impossible until Druzhba Transit Resumes
Hungarian Prime Minister Viktor Orbán has pushed back against European Council President António Costa’s accusations of ‘disrespecting’ the Council’s decision on the €90 billion military loan to Ukraine in a letter sent on Tuesday. In his response, Orbán highlighted what he described as the ‘absurdity’ of the situation: ‘we take a decision financially favourable to Ukraine that I personally disapprove of, then Ukraine creates an energy emergency…
In view of the Hungarian government's blocking stance by Prime Minister Viktor Orban in Ukraine's policy, European politicians are calling for consequences.
Hungarian Prime Minister Orbán is threatening to block a €90 billion EU aid package for Ukraine. His statement comes, not coincidentally, shortly before the Hungarian elections. The pro-European opposition leader Magyar is leading in the polls.
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