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EU Aims to Resolve Hungary's Veto on €90 Billion Loan for Ukraine

The European Union is optimistic about moving forward with a €90 billion loan for Ukraine, contingent on Hungary lifting its veto, which may also lead to new sanctions against Russia.

Editorial Staff
1 min read
Updated about 5 hours ago
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Summary

The European Union is currently optimistic regarding the potential resolution of Hungary's veto on a significant €90 billion loan intended for Ukraine.

This loan is seen as crucial for supporting Ukraine amid ongoing challenges, and its approval is contingent upon Hungary removing its current veto.

If the veto is lifted, it could pave the way for implementing new sanctions against Russia, further emphasizing the EU's commitment to supporting Ukraine.

Key Facts

Fact Value
Loan Amount €90 billion
Current Status Hungary's veto
Potential Outcome New sanctions against Russia

Updates

Update at 17:08 UTC on 2026-04-23

Oil & Gas reported EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto AP News. EuroNews reported With a €90 billion loan for Kyiv unlocked and a new package of sanctions against Russia going ahead, attention is turning to Hungary’s long-standing veto on Ukraine’s EU accession.

Sources: Oil & Gas, EuroNews

Sources