EU Unblocks €90 Billion Loan to Ukraine After Hungary Lifts Veto, Zelensky Welcomes ‘Excellent Signal’ – Live Updates

by John Smith - World Editor
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Hungary has lifted its veto on a 90-billion-euro European Union loan to Ukraine, clearing the way for the financial package to proceed, according to reports from French and European media outlets.

The decision by Prime Minister Viktor Orban to withdraw Hungary’s objection came after days of diplomatic pressure from other EU member states seeking to unlock the aid amid Ukraine’s ongoing war with Russia.

EU officials confirmed that the loan, intended to support Ukraine’s state budget and war efforts, had been blocked by Budapest since late last year over concerns tied to Ukraine’s language laws and minority rights policies.

With Hungary’s opposition now withdrawn, the European Commission can move forward with disbursing the funds, which form part of a broader international effort to sustain Ukraine’s government and military capabilities.

The development marks a significant shift in Hungary’s stance, which had previously aligned more closely with Moscow on several Ukraine-related issues within the bloc.

Analysts note that the release of the EU loan could aid stabilize Ukraine’s finances as it continues to face sustained Russian attacks on infrastructure and energy systems.

The aid package is expected to be delivered in tranches over the coming months, contingent on Ukraine meeting agreed-upon reform benchmarks.

European leaders welcomed the breakthrough, emphasizing the importance of unity in supporting Kyiv amid the third year of the full-scale invasion.

The unblocking of the loan follows renewed diplomatic engagement between Brussels and Budapest, including high-level talks focused on resolving bilateral disagreements within the EU framework.

Ukrainian President Volodymyr Zelenskyy welcomed the move as a “positive signal” from Europe, expressing gratitude for the continued backing of Ukraine’s sovereignty and territorial integrity.

Observers say the resolution of the Hungarian veto may ease tensions within the EU and reinforce confidence in the bloc’s ability to act collectively on foreign policy and security matters.

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