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Hungary Blocks €90B EU Loan for Ukraine in Response to Energy Blockade – FM

© AP Photo / Olivier HosletVolodymyr Zelensky, right, speaks with Hungary's Prime Minister Viktor Orban during a round table meeting at an EU summit in Brussels, Thursday, June 27, 2024.
Volodymyr Zelensky, right, speaks with Hungary's Prime Minister Viktor Orban during a round table meeting at an EU summit in Brussels, Thursday, June 27, 2024.  - Sputnik International, 1920, 21.02.2026
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Hungary is blocking an EU loan to Ukraine in the amount of 90 billion euros ($106 billion) while it is blocking Russian oil transit via the Druzhba pipeline, Hungarian Foreign Minister Peter Szijjarto said on Friday.
"As long as Ukraine blocks the Druzhba pipeline and until Ukraine resumes oil supplies to Hungary, Ukraine will not have access to the military loan in the amount of 90 billion euros. Until oil supplies through Ukraine to Hungary resume, Hungary will block the payment of the military loan to Ukraine," Szijjarto said in a video message published on his social media.
A member of protocol adjusts the EU and Ukrainian flags prior to arrivals for an EU summit at the European Council building in Brussels, Dec. 19, 2024. - Sputnik International, 1920, 18.02.2026
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'Big Lie': Hungary's Szijjarto Slams False Narrative of Ukraine 'Defending' Europe
Without the €90 billion loan—agreed by EU leaders in December—Ukraine faces a budget gap in April, with financial collapse looming in Q2, Financial Times reports.
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