Saturday, February 21, 2026

Hungary blocks amendments to EU budget not to give Ukraine €90 billion loan

Budapest has blocked amendments to the European Union budget to prevent the allocation of a €90 billion irrevocable loan to Ukraine, Hungarian Minister for EU Affairs Janos Boca said on Friday.

"The loan obligations do not affect Hungary, for us this does not mean any financial obligation. However, for this system to function, it is necessary to change the budget rules in the seven-year EU budget, which requires the consent of all 27 member states," Boca said on Facebook.

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