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EU Nears €90 Billion Loan for Ukraine Amid Hungary's Support

4/14/2026

Summary

Story summary

The European Union is finalizing a €90 billion loan package for Ukraine, with the first disbursement in the second quarter of 2026.
Hungary's incoming Prime Minister Péter Magyar commits not to obstruct the loan, despite financial constraints.
The EU requires 27 conditions for Hungary to unfreeze €35 billion in subsidies, including lifting its veto on Russia sanctions.
U.S. lawmakers are considering sanctions against Hungarian officials for obstructing aid to Ukraine.

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Story summary

The European Union is finalizing a €90 billion loan package for Ukraine, with the first disbursement in the second quarter of 2026.
Hungary's incoming Prime Minister Péter Magyar commits not to obstruct the loan, despite financial constraints.
The EU requires 27 conditions for Hungary to unfreeze €35 billion in subsidies, including lifting its veto on Russia sanctions.
U.S. lawmakers are considering sanctions against Hungarian officials for obstructing aid to Ukraine.