EU Vows to Deliver €90 Billion Loan to Ukraine Despite Hungary's Blockade
The European Union remains resolute in providing a €90 billion loan to Ukraine, despite Hungary's opposition. European Commission President Ursula von der Leyen reassured that the funding would be secured. EU leaders expressed strong disapproval of Hungary's stance, citing damage to the European Union's integrity.
The European Union is determined to fulfill its commitment of a €90 billion loan to Ukraine, notwithstanding Hungary's firm resistance. European Commission President Ursula von der Leyen assured on Friday that the funds would be delivered, highlighting perseverance amidst discord.
After a summit in Brussels, EU leaders remained stalwart, failing to sway Hungarian Prime Minister Viktor Orban to relent on his opposition to the financial aid. European Council President Antonio Costa deemed Hungary's resistance "unacceptable," reflecting widespread frustration at the meeting.
German Chancellor Friedrich Merz condemned Hungary's move as an unparalleled "act of serious disloyalty," noting that EU leadership now tasks the European Commission with finding alternative means to disperse the loan. Concerns rise over the potential rift within the EU and the implications for unity.
(With inputs from agencies.)
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