Hungarian Prime Minister Viktor Orban blocked a €90 billion EU loan to Ukraine, using it as leverage to pressure Kyiv to reopen the Druzhba pipeline that supplies Russian oil to Hungary and Slovakia.
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Orban is holding up a €90-billion loan as leverage in a feud over damage to the Druzhba pipeline running through Ukraine
Orban warned 'No oil, no money' and said if President Zelensky wants to get his money from Brussels, the Druzhba pipeline must be reopened
European leaders will gather in Brussels March 19-20 to convince Hungary and Slovakia to approve the loan
The issue of unlocking a EUR 90 billion loan for Ukraine will be addressed at a meeting of the European Council currently scheduled for March 19.
The decision is being blocked by a single person – Hungarian Prime Minister Viktor Orban.
EUR 60 billion of the EUR 90 billion loan approved for Ukraine for 2026-2027 is to be spent on defense needs.
Zelenskyy may take part in a meeting of the European Council to be held in Brussels on 19-20 March
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Extraction metadata
Extracted: 2026-03-21T05:19:07.303Z
Source story: 72212