Hungary does not intend to continue blocking the allocation of a 90 billion loan from the EU to Ukraine, Peter Magyar, leader of the Tisza party that won the elections, said at a press conference, RBC-Ukraine reports.
At the same time, Magyar emphasized that Hungarian money will not be used in this pan-European loan.
- A loan to Ukraine worth 90 billion euros was agreed upon by EU leaders (including former Hungarian Prime Minister Viktor Orban) in December 2025. Hungary - as well as the Czech Republic and Slovakia - were given the opportunity not to allocate their own funds for the loan.
- A formal vote by EU leaders on the loan was due to take place in February. Shortly before him, Orban announced that Hungary would withdraw its consent and would veto the loan. The reason for this was the stoppage of Russian oil pumping to Hungary through the Druzhba pipeline - Ukraine claimed that this was due to an attack by Russian drones. There was no independent confirmation of this; Kiev refused to allow European inspectors into the site. According to the latest estimates from Vladimir Zelensky, the oil pipeline should be repaired by the end of spring.