• News
  • Politics
  • Germany hopes to provide EUR 90 billion for Ukraine very quickly after Orbán's defeat
1370

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

Main points
  • The German government hopes for a quick allocation of an EU loan for Ukraine after the results of the parliamentary elections in Hungary.
  • The loan of EUR 90 billion was blocked by Viktor Orbán.
The European Union-Ukraine. Photo: facebook
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.

ADVERTISING

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.

Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.

Больше новостей о:
Peter Magyar Viktor Orban

To request a correction, please send an email.