Hungary Withholds EU Ukraine Loan Pending Druzhba Oil Resumption

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Source: AP News
Hungary Withholds EU Ukraine Loan Pending Druzhba Oil Resumption
Photo: AP News
TL;DR Summary

Hungary will block the EU’s 90-billion-euro loan to Ukraine until Russian oil resumes flowing through the Druzhba pipeline, after supplies were interrupted by what Kyiv called a Russian drone attack. Budapest and Bratislava had exemptions from the EU oil ban and accuse Ukraine of obstructing shipments, with Hungary warning it will veto EU decisions favorable to Kyiv. The move comes amid broader tensions over Ukraine aid, as Slovakia threatens electricity cuts and a deal on the loan was reached with some protections for member states.

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