EU Seeks Solutions to Overcome Hungary's Loan Veto
The European Union faces a challenge as Hungary vetoes a €90 billion loan to Ukraine. EU foreign policy chief Kaja Kallas stresses alternatives but emphasizes the need for political courage. Hungary defends its stance amid oil pipeline issues, while discussions about alternatives, like oil from Croatia, unfold.
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The European Union is exploring alternatives to bypass Hungary's veto on a €90 billion loan intended for Ukraine. EU foreign policy chief, Kaja Kallas, highlighted the necessity of political courage among European leaders in tackling this roadblock.
Hungary, led by Prime Minister Viktor Orban, maintains its veto amid ongoing disputes over a war-damaged oil pipeline with Kyiv. Kallas suggested that oil supplies from Croatia could present a viable solution to Hungary's concerns.
As pressure mounts on Hungary from fellow EU countries, Kallas accused Hungary of not acting 'in good faith' regarding the loan which has previous backing. The resolving of this financial impasse remains crucial for aiding Ukraine.
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