EU Council chief warns Orbán against backtracking on €90B Ukraine loan – POLITICO

Politico News

Hungary must lift its blockade on a €90 billion loan to Ukraine and abide by the commitments it made to other EU leaders in December, European Council President António Costa warned in a letter to Prime Minister Viktor Orbán.

The letter, which was sent to Orbán’s office on Monday afternoon and seen by POLITICO, comes after Budapest said it would block the €90 billion loan unless Ukraine resumes Russian oil flows through a pipeline leading to Hungary and Slovakia.

The Hungarian leader, who faces reelection in April, doubled down on his threat to block the loan in another letter seen by POLITICO, accusing Kyiv of slow-walking repairs to the Druzhba pipeline, which was damaged in a Russian drone attack.