Economy

        Reuters: Berlin expects swift unblocking of €90 billion in Ukraine aid after Orbán’s defeat

        EU and German flags in Berlin / Photo: depositphotos
        EU and German flags in Berlin / Photo: depositphotos

        Germany expects that the results of the Hungarian elections will allow for the swift unblocking of financial aid to Ukraine. This refers to an EU loan of €90 billion.

        Reuters reports this, citing a German government spokesperson.

        Berlin expects that following the Hungarian elections, the European Union’s €90 billion ($103 billion) loan to support Ukraine could be disbursed “very quickly.”

        Ad
        Ad

        According to the spokesperson, the election results give reason to expect a prompt decision on the funding. The German government noted that they are working on this and are counting on the rapid formation of a new government in Hungary.

        Previously, Hungarian Prime Minister Viktor Orbán, who lost the election to the center-right Tisza party, had blocked the implementation of this loan. He explained his position by citing the dispute over the Druzhba pipeline, which was damaged by shelling.


        Ad
        Ad

        Top News

        Last News

        more news
        Exit mobile version