EU Moves to Unblock €90bn Loan for Ukraine as Hungary's Pipeline Objection Nears Resolution
EU member states have given preliminary approval to unblock a €90 billion loan for Ukraine, with Hungary given 24 hours to finalize its sign-off. The move follows Kyiv's repair of the Druzhba pipeline, which had been damaged and halted oil deliveries to Hungary, prompting Budapest to block the loan. EU officials expect oil to flow within days, and the bloc also plans an additional €2.7 billion allocation for Ukraine.