EU Leaders Pile Pressure on Hungary's Orban to Lift Block on Ukraine Loan
Hungarian Prime Minister Viktor Orbán links veto to repair demands of Druzhba pipeline, delaying €90 billion EU loan critical for Ukraine's defense amid ongoing energy disputes.
- Blocking the €90 billion loan to Ukraine, Hungarian Prime Minister Viktor Orbán halts EU efforts as leaders press him to lift the veto today.
- Orbán vetoed the loan in mid-February, citing pipeline disruptions, and says he responded to damage to the Druzhba pipeline, which Kyiv agreed to inspect after January damage.
- Back in December, EU leaders agreed the €90 billion scheme but excluded Hungary, Slovakia and the Czech Republic; removing them was meant to let 24 member states proceed, yet Hungary's veto overturned this.
- The deadlock risks Kyiv running short of funds within weeks, and Hungary's veto is widely seen as campaign fuel ahead of 12 April elections, undermining the European Council's credibility.
- Draft conclusions call for the swift adoption of the 20th sanctions package, which Hungary and Slovakia are currently blocking as global oil prices remain over $100 per barrel.
65 Articles
65 Articles
EU leaders pile pressure on Hungary's Orban to lift block on Ukraine loan
European Union leaders piled pressure on Hungarian Prime Minister Viktor Orban on Thursday to lift his blockade on a vital 90-billion-euro ($103 billion) EU loan to Ukraine to keep up its fight against Russia's invasion.
Defiant Orban digs in over blocked Ukraine loan at EU talks
A defiant Hungarian leader Viktor Orban vowed Thursday to keep blocking a massive loan for Ukraine despite heavy pressure from EU partners, who were headed into a Brussels summit hoping to unlock the much-needed funding.
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