EU Moves Toward €90 Billion Ukraine Loan as Hungary Ends Veto Following Pipeline Repairs
EU Financial Assistance to Ukraine·April 21 – April 29, 2026
9 hours ago
EU Moves Toward €90 Billion Ukraine Loan as Hungary Ends Veto Following Pipeline Repairs
The European Union is moving to approve a 90 billion euro loan for Ukraine after Hungary lifted its long-standing veto. This shift occurred after Ukraine completed repairs on the Druzhba pipeline, which allows Russian oil to flow into Hungary and Slovakia again. While the pipeline is back in service, Ukraine has also indicated it may target the infrastructure in the future to reduce Russian influence within the EU. Despite the progress on the loan, Ukraine may face stricter conditions to receive the funds. EU officials are considering requirements for Ukraine to implement specific tax reforms for businesses before payouts are released.
Ukraine says Druzhba pipeline running Russian oil to Europe can resume workEU close to signing off on critical €90bn loan for Ukraine after months of vetoing from HungaryUkraine targets Druzhba pipeline to sever Russian oil, influence in EU
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