€90bn loan has been held up by resistance from Hungarian prime minister Viktor Orbán; US and Ukrainian negotiators to meet on Saturday. What we know on day 1,486
The EU will find ways to pay out the promised €90bn ($104.2bn) loan to Ukraine despite Hungary’s ongoing resistance, European Commission president Ursula von der Leyen said early on Friday. “We will deliver one way or the other,” von der Leyen told reporters after a summit in Brussels, where EU leaders failed to convince Hungarian prime minister Viktor Orbán to lift his blockade on the vital EU loan to Ukraine.
EU leaders earlier failed to persuade Orbán to lift his block on a massive loan to support Ukraine’s war effort at summit talks on Thursday, leaving the much-needed funding in limbo. Moscow’s closest partner in the bloc, the nationalist prime minister has long resisted helping Kyiv to repel Russia’s invasion, stalling EU aid and repeated rounds of sanctions.
The Kremlin said on Thursday that talks between Washington, Moscow and Kyiv on ending the war in Ukraine were on “situational pause” after the start of the Iran war, but Ukraine’s president said new discussions were expected this weekend.
Ukrainian and US negotiators will meet in the United States on Saturday in a bid to revive stalled talks on Russia’s invasion, Ukrainian President Volodymyr Zelenskyy said.
