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EU approves €90 billion loan for Ukraine, Hungary and Slovakia lift their blockade

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Hungary and Slovakia blocking Ukraine loan despite not paying it | DW News
Hungary and Slovakia blocking Ukraine loan despite… DW News
European Union member states agreed on Wednesday to release a €90 billion loan for Ukraine. The decision came after Hungary signaled that it was ready to end its months-long blockade of the support. EU state representatives simultaneously backed the adoption of a twentieth package of sanctions against Russia, which had likewise previously been blocked by Slovakia and Hungary. sme.sk ↗

Ukrainian officials linked the resumption of financial aid to developments in the energy sector. Volodymyr Zelenskyy tied the restoration of the Druzhba pipeline to the unblocking of the disbursement of the EU loan and to progress in EU membership accession talks. On Wednesday morning, pressurization and filling of the Druzhba pipeline began on the Ukrainian side from Belarus, with deliveries to Slovakia expected on Thursday. interez.sk ↗

In parallel, Slovakia is actively participating in Ukraine's reconstruction through European Union investment programs. More than €100 million in Slovak funds is to be directed toward the energy sector. At the same time, Ukraine called on Bulgaria's incoming prime minister, Rumen Radev, not to obstruct European support for Kyiv, given his long-standing approach favoring dialogue with Moscow. SITA ↗

The lifting of the blockades by Hungary and Slovakia represents a significant breakthrough in EU unity on sanctions against Russia and the financing of Ukraine's reconstruction. aktuality.sk ↗

On Record

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Location: Hungary
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Ukraine 👤 rumen radev 👤 Volodymyr Zelenskyj 📍 bielorusko 📍 kyjev 📍 maďarsko 📍 moskva 📍 slovensko