Hungary drops veto unblocking 90-billion-euro EU loandrops veto unblocking 90-billion-euro EU loan to Ukraine
Ukraine restarted flows of Russian oil through a war-damaged pipeline to Europe on April 22, 2026, after Hungary lifted its veto on a major EU aid package. This move clears the path for the European Union to approve a 90-billion-euro loan to Kyiv, ending a months-long standoff. The funds will bolster Ukraine's defense industry amid its ongoing war with Russia.
The loan arrives as Ukraine advances slowly in its fifth year of conflict, with limited resources straining military efforts. Restarting the Druzhba pipeline ensures continued oil transit revenues for Ukraine while securing critical financial support from the EU. This development strengthens Kyiv's position against Russian aggression.
- The Druzhba pipeline was built during the Soviet era to supply communist allies in Eastern Europe with oil.
- Kyiv's Kyivan Rus' heritage influenced the shared history of Ukraine, Russia, and Belarus.
- Hungary's 1993 constitution was adopted after the end of communist rule.
Russia-Ukraine War
Russia and Ukraine are locked in an retaliatory long-range drone and missile war that now strikes deep into both countries, including Moscow, St. Petersburg, Crimea, and major Ukrainian cities like Kyiv and Dnipro. Ukrainian forces launched one of their largest drone attacks on June 26, striking 12 Russian regions and hitting key energy targets, while Russia continues massive retaliatory bombardments that kill civilians and destroy infrastructure.
26 June, 09:41 AM
Ukraine unleashes massive drone bombardment on 12 Russian regions24 June, 10:31 AM
Ukrainian drones knock out power in Russian-held Sevastopol22 June, 03:20 PM
Ukraine strikes Russian missile electronics plant in Voronezh
