Hungary blocks EU loan for Ukraine

Periskopi

20 March 2026, 10:34(4 months ago)

Hungary is blocking the European Union from giving Ukraine a loan to help its war efforts. Victor Orban, Hungarian prime minister, has been a constant critic of the bloc's commitment to supporting Kiev and is seen as one of Vladimir Putin's closest allies in Europe. His country [...]

Victor Orban, Hungarian prime minister, has been a constant critic of the bloc's commitment to supporting Kiev and is seen as one of Vladimir Putin's closest allies in Europe.

His country is an EU member and is accused of minimising the bloc's stance on war.

Brussels reportedly agreed to an agreement worth 90 billion euros in December to help Kiev continue the fight for up to two more years, but Orban is blocking the grant.

Speaking after a summit Thursday, German Chancellor Friedrich Merz charged him with an act of “serious distrust”, while European Council President Antonio Costa said his opposition constituted “age”, Telegrafi reports, broadcast. Periscope.

Implementation of the interest-free loan requires unanimousness among the 27 EU member states.

Orban has justified blocking the 90 billion-euro package, citing a dispute over a war-damaged pipeline.

It transports Russian oil via Ukraine to Hungary and Slovakia.

Kiev and Brussels say a Russian attack in January was the cause of damage and that it will take six weeks to repair it.

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