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Orbán Lifts Veto, EU Greenlights $90 bn Ukraine Loan

4/23/2026

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Story summary
  • Hungary’s caretaker prime minister Viktor Orbán lifted his veto on the €90bn loan after his election defeat.
  • EU ambassadors approved the €90bn loan and a new sanctions package against Russia.
  • The loan will give €28bn yearly for defence and €17bn for Ukraine’s budget, with repayment tied to future Russian reparations.
  • Ukraine resumed oil shipments via the Druzhba pipeline to Hungary and Slovakia after repairs were finished, meeting Orbán’s loan condition.