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Ukraine Loan

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Orbán backs expert probe of Druzhba pipeline amid veto fallout
europe3 hours ago

Orbán backs expert probe of Druzhba pipeline amid veto fallout

Hungarian Prime Minister Viktor Orbán proposed a fact-finding mission to the Ukrainian section of the Druzhba oil pipeline to assess damage from a Russian attack and help resume deliveries, while admitting political difficulties caused by his veto of a €90 billion EU loan for Ukraine. The mission would involve Hungarian and Slovak experts; timing and Kyiv’s approval remain unclear as EU officials push repairs and consider an Adria route as an alternative.

Orbán blocks €90B Ukraine loan, widening EU standoff
world2 days ago

Orbán blocks €90B Ukraine loan, widening EU standoff

Hungary's Viktor Orbán vows to veto the EU's €90 billion Ukraine loan until Kyiv restarts oil deliveries via the Druzhba pipeline, arguing the move requires a political decision by Ukraine and citing new circumstances. EU Council President António Costa presses Kyiv to unblock the loan and warns that delay could undermine EU decisions, as Kyiv faces a cash shortfall with an April deadline. Costa will travel to Ukraine with Ursula von der Leyen amid Hungary's election season.

EU voting overhaul urged to curb Hungary’s veto power
europe3 days ago

EU voting overhaul urged to curb Hungary’s veto power

Lithuanian Foreign Minister Kęstutis Budrys urged reform of EU voting rules to curb Hungary’s habit of using its veto, citing Budapest’s blocking of a €90 billion Ukraine loan and a sanctions package over oil transit via the Druzhba pipeline; he suggested shifting to qualified majority voting and even restricting voting rights in some areas, warning that continued vetoes could threaten the EU’s geopolitical role.