Hungary Withholds EU Ukraine Loan Pending Druzhba Oil Resumption
TL;DR
Hungary will block the EU’s 90-billion-euro loan to Ukraine until Russian oil resumes flowing through the Druzhba pipeline, after supplies were interrupted by what Kyiv called a Russian drone attack. Budapest and Bratislava had exemptions from the EU oil ban and accuse Ukraine of obstructing shipments, with Hungary warning it will veto EU decisions favorable to Kyiv. The move comes amid broader tensions over Ukraine aid, as Slovakia threatens electricity cuts and a deal on the loan was reached with some protections for member states.
- Hungary says it will block a key EU loan to Ukraine until Russian oil shipments resume AP News
- Hungary Poses Unexpected Hurdle to Europe’s 90-Billion Euro Loan to Ukraine - The New York Times The New York Times
- Hungary's foreign minister says country will block key EU loan to Ukraine until Russian oil shipments resume PBS
- Slovakia threatens to stop electricity to Ukraine unless Kyiv resumes piping Russian oil Reuters
- Ukraine’s Neighbors Threaten to Cut Off Energy Supplies The Wall Street Journal
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