EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto
The European Union approved a $106 billion loan package to help Ukraine meet its economic and military needs after Hungary lifted its veto. The EU also approved new sanctions against Russia over its war on Ukraine.
The European Union approved a $106 billion loan package to help Ukraine. The loan will support Ukraine's war-ravaged economy and help keep Russian forces at bay. The approval came after Hungary lifted its veto following the resumption of Russian oil deliveries to Hungary and Slovakia through the Druzhba pipeline. The EU also approved new sanctions against Russia. Hungarian Prime Minister Viktor Orbán had accused Ukraine of delaying pipeline repairs, which Ukraine denied. The loan disbursements will start as soon as possible.
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