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Magyar Signals End To Hungary’s Block On €90B Ukraine Loan. Péter Magyar signaled Hungary will drop its opposition to the EU’s €90 billion loan to Ukraine. The move could end a months-long standoff that had delayed crucial funding for Kyiv. Outgoing leader Viktor Orbán had blocked the loan after initially approving it. Orbán tied his opposition to disputes over a Russian oil pipeline running through Ukraine. Magyar said his incoming government wants to remain “coherent” with previous EU commitments. The decision could be finalized even before the new administration officially takes office. Hungary may still opt out of contributing financially due to its strained budget. The shift marks a significant change in Hungary’s stance toward Ukraine and EU policy.
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