EU ready to implement Ukraine loan when green light comes, Kubilius says

The European Union stands ready to supply Ukraine with ​its promised 90 billion euro ($106 billion) loan as soon as Hungary drops its veto after last Sunday’s election, EU Defense ‌Commissioner Andrius ‌Kubilius said on ​Wednesday. (AFP/File)
Short Url
Updated 15 April 2026
Follow

EU ready to implement Ukraine loan when green light comes, Kubilius says

  • “The ‌people ⁠have ​spoken. A ⁠new wind is blowing,” Kubilius said

BRUSSELS: The European Union stands ready to supply Ukraine with ​its promised 90 billion euro ($106 billion) loan as soon as Hungary drops its veto after last Sunday’s election, EU Defense ‌Commissioner Andrius ‌Kubilius said on ​Wednesday.
“The ‌people ⁠have ​spoken. A ⁠new wind is blowing,” Kubilius said about the election that was convincingly won by Hungary’s opposition leader Peter ⁠Magyar.
“In any case, ‌we ‌are ready to ​implement ‌the loan as soon ‌as we get the green light,” the commissioner said.
The defeat of Hungary’s ‌Prime Minister Viktor Orban, Ukraine’s harshest EU foe, ⁠could ⁠pave the way for the loan that Kyiv urgently needs to fund the war with Russia, and that was originally agreed on by all EU member states ​in December.