Hungary blocks EU's 90 billion euro loan to Ukraine, demanding Russian oil ahead of war anniversary
The Kyiv Independent • • world
Key Points:
- Hungary announced it will block the EU's €90 billion loan to Ukraine until Russian oil transit via the damaged Druzhba pipeline to Hungary resumes, escalating tensions ahead of the Russia-Ukraine war's four-year anniversary.
- The Ukraine Support Loan, approved in December 2025, is crucial for Ukraine's 2026-2027 budget and military needs, and without it, Ukraine risks running out of cash by mid-2026.
- Hungarian Foreign Minister Peter Szijjarto accused Kyiv of "blackmailing" Hungary and collaborating with the EU and Hungarian opposition to destabilize Hungary before April's parliamentary elections.
- Hungary and Slovakia recently announced plans to halt diesel exports to Ukraine in response to the suspended Russian oil transit via
