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EU Finalizes €90 Billion Loan for Ukraine Amid Hungary's Withdrawal

4/21/2026

Summary

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The European Union is finalizing a €90 billion loan package for Ukraine, with first disbursements expected in 2026 as the European Commission prepares the agreements to launch.
Péter Magyar, Hungary's incoming Prime Minister, said Hungary will not block the loan and will not participate due to its financial situation.
U.S. lawmakers are considering sanctions against Hungarian officials for obstructing aid to Ukraine, led by Senators Jeanne Shaheen and Thom Tillis.

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Story summary

The European Union is finalizing a €90 billion loan package for Ukraine, with first disbursements expected in 2026 as the European Commission prepares the agreements to launch.
Péter Magyar, Hungary's incoming Prime Minister, said Hungary will not block the loan and will not participate due to its financial situation.
U.S. lawmakers are considering sanctions against Hungarian officials for obstructing aid to Ukraine, led by Senators Jeanne Shaheen and Thom Tillis.