Hungarian Prime Minister Refuses to Unblock \u20ac90 Billion for Ukraine <\/p>\n
Leaders of EU countries were unable to convince Hungarian Prime Minister Viktor Orb\u00e1n to unblock the provision of a \u20ac90 billion loan to Ukraine at today’s summit.<\/p>\n
This was reported by RBC-Ukraine, citing Politico.<\/p>\n<\/p>\n
Also read: \u20ac90 billion loan for Ukraine: EU leaders gave a positive forecast for the first tranche<\/strong><\/p>\n Four unnamed diplomats and officials informed the publication about the failed attempts to persuade Orb\u00e1n.<\/p>\n According to them, the loan was discussed for an hour and a half. During the discussions, a clear path to a deal on the loan did not emerge.<\/p>\n One diplomat told Politico that European Council President Ant\u00f3nio Costa sharply criticized Orb\u00e1n’s behavior, calling the situation unacceptable.<\/p>\n The source noted that Costa added that the actions of the Hungarian Prime Minister violate the terms of cooperation that underpin the EU\u2014this “red line” had not been crossed by any leader before.<\/p>\n Hungary is Blackmailing Ukraine<\/p>\n Recall that the Hungarian authorities have blocked the provision of a \u20ac90 billion loan to Ukraine. For the funds to start being transferred to Ukraine, the consent of all EU member states is required.<\/p>\n Budapest began blocking the loan transfer after the operation of the Druzhba pipeline was suspended due to a Russian strike at the end of January.<\/p>\n Hungary believes that the transit of Russian oil through Druzhba ceased allegedly at Ukraine’s initiative.<\/p>\n Recently, Ukraine accepted the European Union’s proposal to repair the pipeline, which will take place with the financial and technical support of the bloc.<\/p>\n Despite this, Hungary continues to block the transfer of funds to Ukraine. Prime Minister Viktor Orb\u00e1n stated that his country would not lift the veto until the supply of Russian oil through Ukrainian territory is resumed.<\/p>\n","protected":false},"excerpt":{"rendered":" Hungarian Prime Minister Refuses to Unblock 90 Billion Euros for Ukraine EU leaders were unable to persuade Hungarian Prime Minister Viktor Orb\u00e1n to unblock the provision of a 90 billion euro loan to Ukraine at today’s summit.<\/p>\n","protected":false},"author":1,"featured_media":63919,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"magazine_newspaper_sidebar_layout":"","footnotes":""},"categories":[98],"tags":[],"class_list":["post-63951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wiki-en"],"yoast_head":"\n