Kremlin Claims EU Would Have Approved Ukraine Loan Without Hungary

(MENAFN) The Kremlin has stated that the European Union would have found a way to release a major financial package for Ukraine regardless of Hungary’s position.

According to reports, Kremlin spokesperson Dmitry Peskov said on Sunday that the EU “would have found a way” to unblock a €90 billion ($106 billion) loan to Ukraine even without the involvement of Hungarian Prime Minister Viktor Orban.

As stated by reports, Peskov added that “there is no need to harbor any illusions about this,” suggesting that internal EU mechanisms would have ensured approval of the funding regardless of Hungary’s stance.

His remarks followed comments from the EU’s foreign policy chief Kaja Kallas, who said the bloc is expected to revisit the decision on unblocking the loan in the coming week. She also urged progress on a new sanctions package.

Reports indicate that EU leaders had already agreed in December on a €90 billion loan package for Ukraine covering 2026 and 2027, but its implementation has been delayed due to opposition from Hungary.

According to reports, Budapest has linked its approval to the restoration of Russian oil transit through the Druzhba pipeline, arguing that Ukraine disrupted supplies. Ukrainian officials, however, say the interruption resulted from damage caused by a Russian strike.

Ukrainian President Volodymyr Zelenskyy said last week that repairs to the pipeline are expected to be completed in the spring.

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