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EU Approves €90B Ukraine Loan, Hungary Ends Pipeline Veto

4/24/2026

25 6 Full Breakdown

Summary

Story summary

The European Union approved a €90-billion loan for Ukraine after Hungary lifted its veto.
Hungary’s nationalist Prime Minister Viktor Orbán had blocked the loan over a damaged pipeline dispute.
Russian oil flow through the Druzhba pipeline to Slovakia resumed early Thursday, ending a three-month halt.
The EU also adopted a new sanctions package against Russia at the Cyprus summit.

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Story summary

The European Union approved a €90-billion loan for Ukraine after Hungary lifted its veto.
Hungary’s nationalist Prime Minister Viktor Orbán had blocked the loan over a damaged pipeline dispute.
Russian oil flow through the Druzhba pipeline to Slovakia resumed early Thursday, ending a three-month halt.
The EU also adopted a new sanctions package against Russia at the Cyprus summit.