Overview
- EU ambassadors approved the loan on Wednesday, moving the long-delayed support into execution after months of stalemate.
- The package totals €90 billion in interest-free financing over roughly two years to help Ukraine cover urgent budget needs.
- Hungary withdrew its objection tied to the Druzhba pipeline dispute after oil transport through Ukraine resumed following repairs.
- Viktor Orbán had signaled on April 19 that he would not block the plan if oil flows restarted, and President Volodymyr Zelensky said on April 21 that repairs were complete.
- Because the money is linked to the EU’s multi‑year budget, every member had to consent, with paperwork due by Thursday as Slovakia and the Czech Republic opt out of paying in but allow the plan to proceed.