The President of the European Parliament, Roberta Metsola, signed a decision to allocate to Ukraine an EU loan of 90 billion euros for 2026 and 2027. She announced this on X, highlighting the importance of funding for stability and security in the region.
According to the head of the European Parliament, these funds are intended to support the operations of essential public services, preserve Ukraine’s defense, protect the shared security and freedom of Ukraine and the EU, and to achieve genuine and lasting peace and cement Ukraine’s future in Europe.
On February 20 it emerged that Hungary blocked the loan disbursement due to the absence of oil transit from Russia through the Druzhba pipeline. In Kyiv, the Ministry of Foreign Affairs stated that Kyiv had informed Budapest about the shelling of the Druzhba pipeline in Brody, Lviv region, and related damages as of January 27, and that accusations of delays in supplies are illogical.
Nevertheless, Hungarian Foreign Minister Peter Szijjarto said at the EU Council meeting on February 23 that Russia did not shell the Druzhba pipeline infrastructure, and that Ukraine allegedly halted transit due to an internal political decision. The Ukrainian Ministry of Foreign Affairs accused the Hungarian minister of statements and actions in favor of Russia.
“The EU is not discussing alternative options for granting Ukraine a loan of 90 billion euros, which Hungary is blocking.”
– Valdis Dombrovskis
On February 23, EU Commissioner Valdis Dombrovskis said that the EU is not considering other scenarios for financing Ukraine at 90 billion euros, as demanded by Hungary. This position confirms that the main support package remains on the agenda without changes within the proposed framework, despite ongoing disputes among bloc member states.
Current Situation and Implications for the EU Budget
The delay in approving the loan affects planning for funding of critically important programs for Ukraine and its defense. Hungary continues to demand a transparent and balanced approach to transit and regional energy security, which remains a temporary barrier on the path to full financial support from the EU.
Within the events surrounding this aid package, the real consequences for cooperation between the EU and Kyiv remain a matter of negotiation. Analysts note that further dynamics will depend on agreement among member states and on confirming Ukraine’s needs in the areas of public services, defense, and security for the coming years.