The European Union could approve a €90 billion loan for Ukraine as early as April 22, provided that member states do not submit written objections by the deadline.
Politico reports this, citing sources.
According to the publication, the decision will be made via a written procedure: if no official objections are received by midday, the initiative will be considered approved. Hungary and Slovakia, which previously blocked the funding, play a key role in this process.
Budapest’s position, whose government is led by Viktor Orbán, is expected to be finalized on the eve of the EU summit scheduled for April 24.
As a reminder, back in late 2025, EU leaders agreed to provide Ukraine with a €90 billion loan. However, the implementation of this decision was blocked, in particular due to Hungary’s position.
Budapest linked its support to the resumption of operations on the Druzhba oil pipeline, which is a key route for oil supplies to Central Europe.
Bratislava is ready to block new sanctions against Russia until oil flows through Druzhba, but will not stand in the way of granting Ukraine a €90 billion loan.
The agenda for the meeting of the Committee of Permanent Representatives of the EU (Coreper), scheduled for Wednesday, April 22, includes two key issues: amendments to the EU’s long-term budget for 2021–2027 to enable a €90 billion loan to Ukraine in 2026–2027, as well as the 20th package of sanctions against Russia.
Recently, Ukrainian President Volodymyr Zelenskyy held a conversation with European Commission President Ursula von der Leyen, during which they discussed the release of a large-scale financial package, the tightening of sanctions against Russia, and Ukraine’s next steps on the path to the European Union. The discussion focused on decisions that could impact both Ukraine’s economic stability and the EU’s political stance regarding the war.
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