EU launches procedure to unblock €90bn Ukraine loan and new Russia sanctions
Hungary’s contentious veto on the €90 billion loan for Ukraine is fast approaching its end after the restoration of the Druzhba oil pipeline.
The European Union has formally launched the internal process to unblock the €90 billion loan for Ukraine and the 20th package of sanctions against Russia, bringing the standoff between Budapest and Kyiv closer to an end after months of intrigue.
The so-called written procedure began on Wednesday afternoon during a meeting of ambassadors in Brussels. Member states have up to 24 hours to register any objection.
Cyprus, the country holding the EU Council’s rotating presidency, expects the procedure to be concluded on Thursday afternoon, when a final decision could be announced.
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Source: https://www.euronews.com/my-europe/2026/04/22/eu-launches-procedure-to-unblock-90bn-ukraine-loan-and-new-russia-sanctions?fbclid=IwY2xjawRd3ztleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeySX-Kevq8ZO222z1-Z1lVJa8yxi_wGnDIXc5GDVM7iP90adEdZlWY6pJ4cg_aem_kqGt62MPu4pyjb21YyAuQw