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Hungary Vows to Block €90 Billion EU Loan to Ukraine Until Druzhba Oil Flows Resume

Budapest is using its dependence on Russian pipeline supplies to hold up a package EU leaders endorsed in December.

Overview

  • Foreign minister Péter Szijjártó said Hungary will veto EU decisions benefiting Ukraine until oil transit restarts, accusing Kyiv of “blackmail.”
  • Russian oil shipments to Hungary and Slovakia via the Druzhba pipeline have been halted since January 27 after Ukraine reported a Russian drone strike damaged the line.
  • Hungary has suspended diesel exports to Ukraine and warned it could also stop electricity and gas sales.
  • The EU package totals €90 billion, allocating €60 billion for military equipment and defense‑industry investment and €30 billion for macro‑financial support.
  • Slovak leader Robert Fico threatened to cut emergency electricity to Ukraine if flows are not restored soon, while Ukraine has proposed alternative routes during repairs.