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Meloni Clarifies Stance as Hungary’s Veto Keeps €90 Billion Ukraine Loan Frozen

Meloni now frames restarting the Druzhba pipeline as the path to unfreezing the EU’s loan for Ukraine.

Overview

  • Hungarian Prime Minister Viktor Orbán maintains a veto on the EU’s €90 billion loan to Ukraine and links any reversal to the resumption of Russian oil flows via the Druzhba pipeline.
  • EU leaders meeting in Brussels failed to sway Orbán, and Council conclusions on Ukraine were endorsed by 25 leaders, with Hungary and Slovakia not signing.
  • Politico reported, citing five diplomats, that Giorgia Meloni told leaders she understood Orbán’s position, a characterization her office rejected as baseless.
  • Meloni later said her remarks were misinterpreted, called for flexibility from both sides, and argued that restoring Druzhba flows would automatically unblock the loan.
  • European Council President António Costa condemned Orbán’s move as unacceptable and said tying the loan to factors outside the EU’s or Ukraine’s control is inappropriate.