EU Approves €90 Billion Loan to Ukraine and New Sanctions on Russia as Leaders Push for Accelerated Membership – Orbán Veto Overcome

The European Union has approved a €90 billion loan to Ukraine and introduced new sanctions against Russia, according to multiple reports. The decision follows the lifting of Hungary’s veto, which had previously blocked the financial package. EU leaders urged swift progress on Ukraine’s accession process immediately after the loan was approved, stating that “now is the moment” to advance membership talks. The call for acceleration came amid shifting political dynamics, including the departure of Hungarian Prime Minister Viktor Orbán from a key blocking position. In related energy developments, Slovakia confirmed it has resumed receiving Russian oil via the Druzhba pipeline, as reported by its government. The resumption marks a notable shift in regional energy flows amid ongoing sanctions and diplomatic realignments. The financial aid package and associated sanctions represent a significant escalation in the EU’s response to the conflict in Ukraine, underscoring the bloc’s commitment to supporting Kyiv although increasing pressure on Moscow. The move also highlights internal EU cohesion challenges, particularly concerning member states with closer ties to Russia.