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EU unblocks €90bn loan for Ukraine after Hungary lifts veto following resumption of Russian oil flow through Druzhba pipeline (theguardian.com)

· 96d ago · Report · Spotlight this ·
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  • EU unblocks €90bn loan for Ukraine after Hungary lifts veto
  • Ukraine resumes pumping Russian oil via Druzhba pipeline
  • New EU sanctions package includes maritime and energy restrictions

"EU member states agreed to unblock a €90bn loan for Ukraine and a new sanctions package against Russia after Ukraine resumed pumping Russian oil to Hungary and Slovakia via the Druzhba pipeline, prompting Hungary to lift its veto. The loan covers two-thirds of Ukraine’s financing needs for 2026-2027, with €28bn for military spending. First disbursement expected end of May or early June."

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