Germany hopes to provide EUR 90 billion for Ukraine very quickly after Orbán's defeat

The European Union-Ukraine. Photo: facebook

The German government hopes that the Hungarian election results mean that the EU's EUR 90 billion loan to Ukraine can be disbursed "very quickly."

Reuters reports this.

"Berlin hopes that the election outcome ​in Hungary means that ‌a 90-billion-euro ($103 billion) EU loan to help Ukraine can ​be released "very quickly," a government spokesman said.

Viktor Orbán, who lost power to the center-right Tisza party in Sunday's parliamentary elections, has been blocking the loan to Ukraine, citing a dispute over a pipeline damaged during the war.

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Recall that after counting more than 53.45% of the votes, Hungarian Prime Minister Viktor Orbán conceded defeat to his Fidesz party and congratulated Tisza and Péter Magyar on the victory in the parliamentary elections.

Meanwhile, Slovak Prime Minister Robert Fico, who promised to take over the baton in blocking the loan, has been unable to do so, congratulated the new Hungarian Prime Minister Peter Magyar on his victory and expressed readiness for cooperation. He also emphasized the countries' common approach to "protecting energy interests" and mentioned the Druzhba oil pipeline.

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