EU fails to convince Orban to unblock loan to Ukraine

EU leaders negotiated with the Hungarian prime minister for more than an hour to unblock the loan to Ukraine. Maloney said she understood Orban's position.

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The leaders of the European Union spent an hour and a half trying to convince the Hungarian Prime Minister Viktor Orban to unblock a €90 billion loan for Ukraine. Attempts have failed. Italian Prime Minister Georgia Maloney said it understood Budapest's position.

Loan negotiations for Ukraine

EU leaders held an hour and a half of talks with Viktor Orban in an attempt to override Hungary's veto of a €90bn loan to Ukraine. For data Politico, However, no agreements were reached.

Hungary's veto blocking financial assistance to Ukraine, which remains critical to supporting the country's economy and defence.

Maloney's position and the reaction of leaders

Politico reports that Italian Prime Minister Georgia Meloni has surprised other EU leaders by stating that she understands Orban's position on Ukraine. Her words were perceived as unexpected against the backdrop of general support for Ukraine in the EU.

Other EU leaders continue to look for ways to unblock financial aid to Kyiv.

Context.

This is not the first time Hungary has blocked EU decisions to support Ukraine. Viktor Orban has repeatedly expressed his disagreement with financial and military assistance to Kyiv.

The €90 billion loan is intended to be part of the EU's long-term support for Ukraine.

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