Hungary Moves to Unblock EU Aid to Ukraine, Tap Frozen Funds
Firefighters work at a site following a Russian strike in Kyiv on April 16.
Photographer: Genya Savilov/AFP/Getty Images
Hungary’s outgoing government signaled it’s ready to unblock the European Union’s €90 billion ($106 billion) loan to Ukraine as soon as this week just as the new leadership in Budapest kicked off intensive talks with Brussels to tap its own stalled funding.
Hungary has information from Ukraine “via mediation from Brussels” that Russian oil flows may resume as soon as Monday on the Druzhba pipeline, outgoing Prime Minister Viktor Orban said on Sunday. Orban has conditioned the aid for Ukraine on the resumption of supplies via the pipeline that was damaged in a Russian attack in late January.