EU accuses Hungary of disloyalty for vetoing €90 billion loan to Ukraine
Key Points:
- The European Union leadership has accused Hungary of violating the bloc's principle of sincere cooperation by vetoing a €90 billion loan to Ukraine due to an unrelated energy dispute involving the Druzhba pipeline.
- Hungary, along with Slovakia and the Czech Republic, secured an opt-out from the loan scheme, but Hungary's veto has drawn strong criticism from EU officials including High Representative Kaja Kallas, European Council President António Costa, and French President Emmanuel Macron.
- The dispute centers on the halted crude oil deliveries via the Druzhba pipeline, damaged in a drone attack attributed to Russia, with Hungary blaming Ukraine for refusing to restore the flow, while Kyiv cites ongoing repair challenges amid Russian attacks.
- Hungary has also blocked a new round of sanctions against Russia