Tuesday, 02 January 2024 12:17 GMT

Von Der Leyen: EU Will Find Ways To Deliver €90 Billion Loan To Ukraine


(MENAFN- UkrinForm) This was stated on Friday by Ursula von der Leyen, President of the European Commission, Reuters reports, according to Ukrinform.

“We will deliver one ​way or the other,” von der Leyen told journalists after a summit in Brussels, where EU leaders failed to persuade Viktor Orbán to stop blocking a key EU loan for Ukraine.

President of the European Council António Costa said that the EU leaders had condemned the "unacceptable" resistance by Hungary ​during their meeting.

“A deal is a deal, we need to ‌honour ⁠our word. And no one can blackmail the European Council,” Costa said.

German Chancellor Friedrich Merz said that leaders had asked the European Commission to find ways to provide the loan and called Orban's veto an unprecedented "act of serious ​disloyalty".

“This ​is ⁠a serious violation of the principle of loyalty of the member states amongst each other, ⁠and ​it damages the standing of ​the European Union,” he said.

Read also: Hungary holds firm on Ukraine loan as EU leaders debate unblocking funds – sourc

As reported by Ukrinform, Hungarian Foreign Minister Péter Szijjártó said that Hungary would block €90 billion in financial assistance to Ukraine and the EU's 20th sanctions package until the issue of oil transit through the Druzhba pipeline is resolved.

Photo: Office of the President of Ukraine

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