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Hungary Blocks 90 Billion Euro EU Loan for Ukraine Over Russian Oil Transit

Hungary has vetoed a 90 billion euro European Union loan package intended for Ukraine, citing Ukraine’s obstruction of Russian oil transit through the Druzhba pipeline.

According to the International Desk of Webangah News Agency, Hungary has blocked the disbursement of a 90 billion euro loan from the European Union to Ukraine. The Hungarian government stated that this measure is a direct response to Ukraine’s actions preventing Russian oil from passing through the Druzhba pipeline.

Hungarian Foreign Minister Péter Szijjártó emphasized that the release of the 90 billion euro military aid package to Ukraine will remain suspended until Kyiv reinstates oil transport via the Druzhba pipeline. He further clarified that Ukraine will not be eligible to receive this funding as long as it continues to impede Hungary’s oil supply.

Previously, the Financial Times had reported that Hungary’s ambassador to the European Union had voiced opposition to the bloc’s decision to borrow 90 billion euros to support Ukraine. The decision to allocate this 90 billion euro loan for Ukraine’s benefit over the 2026-2027 period was originally made during the EU leaders’ summit in December 2025.

©‌ Webangah News, Mehr News Agency, Financial Times

English channel of the webangah news agency on Telegram
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