US EditionMagyar hints at ending Hungary’s block on €90B Ukraine loan
Analysts said the new government is likely to drop objections to the 90 billion euro loan and sanctions talks after Orban’s defeat.
- On Sunday, Peter Magyar's centre-right Tisza party won a landslide election, ending Prime Minister Viktor Orban's 16-year rule and clearing the path for the European Union to approve a €90 billion loan for Ukraine.
- Orban systematically opposed Brussels' efforts to support Ukraine, previously obstructing the two-year EU loan over accusations that Kyiv deliberately halted Russian oil flows via the Druzhba pipeline.
- During his first news conference Monday, Magyar pledged to diversify Hungary's energy sources and maintain 'pragmatic' ties with Moscow, while signaling he will drop vetoes on technical discussions regarding Ukraine's membership.
- Analysts expect the leadership change to cease Hungary's obstructionist position and improve EU decision-making capacity, with Eurasia Group analyst Orsolya Raczova stating, 'Magyar will be obviously less hostile than Orban was.'
- Experts caution that Magyar is not an outspoken ally of Kyiv; European Solidarity Party lawmaker Oleksiy Honcharenko noted, 'One should not call Magyar pro-Ukrainian- he isn't- but he is not anti-Ukrainian.
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44 Articles
EU loan aims to keep Ukraine war going until 2029
Viktor Orban’s “democratic ouster” is expected to remove Hungary’s procedural opposition to the EU’s planned 90 billion euro loan to Ukraine, to be financed by members raising common debt. State-run RT published a detailed article about this plan last December, which represented a compromise for financing the loan after the bloc failed to reach consensus […] The post EU loan aims to keep Ukraine war going until 2029 appeared first on Asia Times.
Lithuanian Foreign Minister Kęstutis Budrys hopes that Hungarian parliamentary election winner Peter Magyar will no longer block the 90 billion euro European Union loan to Ukraine. According to the minister, this is the minimum expectation for the new Hungarian government.
Russian President Vladimir Putin ordered his troops to invade neighboring Ukraine on February 24, 2022. Since then, the war has remained anchored in Eastern Europe. Negotiations are still open after the first proposal of the U.S.-led peace plan. But the fighting continues. Continue reading...
Hungary's election winner Peter Magyar vowed on Monday to restore democracy and free up European Union aid to his country, saying he would not block the disbursement of a 90 billion euro EU loan to Ukraine, as his predecessor Viktor Orban did.
Ukraine hopes for more cooperation after Hungary elects new prime minister
The incoming prime minister of Hungary is no fan of Ukraine, but he says he wants to work with the European Union, raising hopes he'll lift a Hungarian veto on a $100 billion EU loan to Kyiv.
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