US Edition
Hungary moves to unblock EU aid to Ukraine and tap frozen funds
The move could end Hungary’s veto on a $106 billion EU loan for Ukraine as Brussels and Kyiv negotiate repairs and funding terms.
- On Monday, outgoing Hungarian Prime Minister Viktor Orban announced that Ukraine may resume oil deliveries via the Druzhba pipeline today, provided Hungary lifts its veto on the €90 billion European Union loan package for Kyiv.
- The Druzhba pipeline, a critical route for Russian crude, has remained offline since a Russian strike damaged infrastructure in Ukraine this January, prompting Orban to condition the €90 billion financial aid on the resumption of supplies.
- Ukrainian President Volodymyr Zelensky previously stated repairs would conclude this spring, while incoming leader Peter Magyar noted on Friday that he received information from Hungarian oil company Mol Nyrt suggesting flows might resume this week.
- Maintaining his position that "no oil = no money," Orban confirmed he would approve the loan once deliveries restart, while the European Commission confirmed efforts to facilitate contact between concerned parties.
- Incoming leader Magyar plans to travel to Brussels next month to negotiate a comprehensive political agreement for stalled funding, though EU foreign policy chief Kaja Kallas suggested the bloc might release funds regardless of Budapest's stance.
39 Articles
39 Articles
El Periódico
elcorreogallego.esThe European Union hopes that Hungary will lift this week the veto on the loan of 90 billion euros to Kiev, which the now acting prime minister, Viktor Orbán, maintained in response to the cut-off of Russian oil supply through the Druzhba pipeline passing through Ukraine.Continue reading...
If Ukraine lets oil flow, Viktor Orban picks up his veto. To his successor he takes off such a trump card.
The loan was under a vet from Hungary. The European Union hopes to unblock a €90 billion loan for Ukraine, which was...
The outgoing Hungarian head of government, Viktor Orbán, is ready to release the blocked EU funds for Ukraine this week.
The Ukrainian president promised that the Friendship oil pipeline would be operational again by the end of April. According to Zelensky, the formation of the new Hungarian government is an opportunity for both countries and the EU as a whole to resolve the issues.
Orban links EU loan for Ukraine to restoration of Russian oil supplies via Druzhba pipeline
Hungarian Prime Minister Viktor Orban has upped the stakes in his ongoing standoff with both Kyiv and Brussels, tying the future of an EU megaloan for Ukraine to the rapid restoration of Russian oil supplies via the “Druzhba” pipeline. In a post shared on his official X account on April 19, Orban declared, “No oil means no money.” The “Druzhba” pipeline, which was knocked out by a recent Russian attack, has become more than just a logistical pro…
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