politics
March 21, 2026
EU to push Ukraine loan despite Hungary’s veto, von der Leyen says
The EU is seeking ways to bypass Hungary’s veto on a €90 billion loan to Ukraine, as Italy’s Giorgia Meloni breaks ranks, voicing support for Budapest
TL;DR
- The EU intends to provide a €90 billion loan to Ukraine despite Hungary's veto.
- Hungary's veto is in response to Ukraine halting Russian oil flows through the Druzhba pipeline.
- Hungarian Prime Minister Viktor Orban stated "If there is no oil, there is no money."
- EU leaders have condemned Hungary's resistance, with some considering stripping Hungary of voting rights.
- Italian Prime Minister Giorgia Meloni reportedly expressed understanding for Orban's position, though her government denied this.
- The dispute has escalated tensions between Ukraine and Hungary.
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