{"id":88245,"date":"2026-04-22T12:12:27","date_gmt":"2026-04-22T12:12:27","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/04\/22\/eu-close-to-approving-106-billion-loan-to-ukraine-after-months-of-deadlock\/"},"modified":"2026-04-22T12:13:25","modified_gmt":"2026-04-22T12:13:25","slug":"eu-close-to-approving-106-billion-loan-to-ukraine-after-months-of-deadlock","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/04\/22\/eu-close-to-approving-106-billion-loan-to-ukraine-after-months-of-deadlock\/","title":{"rendered":"EU close to approving $106 billion loan to Ukraine after months of deadlock"},"content":{"rendered":"<p>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \"><span class=\"oyrPY qlwaB AGxeB  \">Brussels&#8211; <\/span>EU envoys gathered on Wednesday cautiously optimistic that a <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/ukraine-druzhba-pipeline-7dfc9574bf95a69eda13b1440171e402\">huge debt<\/a> The deal to help meet Ukraine&#8217;s military and financial needs for the next two years is close to being approved after months of stalemate.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Envoys meeting in Brussels to assess whether Hungary could lift its veto <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/ukraine-loan-assets-russia-eu-brussels-von-der-leyen-orban-137d7dc9dd522578c0b984d062ac79ed\">90 billion euro ($106 billion) loan package<\/a>Originally agreed in December, Ukraine desperately needs to pursue <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/hub\/russia-ukraine\">devastated by war<\/a> Economy and help keep Russian forces at bay.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Hungary has stressed that it should begin to meet <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/hungary-russia-energy-orban-putin-ukraine-70306716b21715d890c63a9db65ac3d8\">Russian oil supply<\/a> Before he unblocked the funds, again through Ukraine. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Hungary and Slovakia, which both depend on Russian oil to meet their energy needs, have accused Ukraine of failing to repair <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/ukraine-druzhba-pipeline-7dfc9574bf95a69eda13b1440171e402\">damaged pipeline<\/a> Who sends oil. Ukraine and most of its European supporters oppose Russian oil imports that have helped finance President Vladimir Putin&#8217;s war, now in its fifth year.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">President Volodymyr Zelensky said on Tuesday that Ukraine had now completed repairs on the Druzhba pipeline. In a post on social media he said it had been &#8220;damaged by the Russian attack&#8221; but &#8220;the pipeline can resume operations.&#8221;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Outgoing Prime Minister of Hungary <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/hub\/viktor-orban\">viktor orban<\/a> has indicated it will approve Ukraine&#8217;s loan only if oil flows resume, so envoys are waiting for a clear signal from Budapest that its veto will be lifted. Orban, who has repeatedly blocked EU aid to Ukraine, <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/hungary-election-orban-magyar-trump-1a4eb0ba6b94e0c80c3cd18bd36254ab\">lost an election<\/a> on April 12 and will be replaced by pro-European opposition leaders <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/orban-hungary-opponent-magyar-election-eu-russia-5ce359a2bf065484669454b722237ea1\">peter magyar<\/a>.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Cyprus, which <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/cyprus-eu-defense-nato-middle-east-india-2c8f1d530eea810d582f870a50ee799c\">currently holds<\/a> The rotating presidency of the EU launched a written procedure to approve the final piece of the puzzle in the loan package. For this, Hungary or any other objecting country will have to explain in writing why they oppose it.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Such processes are often left open for 24 hours, and Cyprus&#8217; president said final approval could come as soon as Thursday, when EU leaders gather for a summit in Cyprus.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">EU foreign policy chief Kaja Kallas was reluctant to speculate on the outcome on Tuesday. &#8220;We expect an agreement within 24 hours, so I don&#8217;t want to postpone it,&#8221; she said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">This was originally the intention of the 27-nation European Union. <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/europe-summit-ukraine-funds-assets-russia-loan-be6ddfafdf985189bcebd4f0af16d6a8\">Use frozen Russian assets<\/a> As collateral for the loan. But that option was blocked by Belgium, where most of the seized assets are held.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In December, Czech Republic, Hungary and Slovakia <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/europe-summit-ukraine-funds-assets-russia-loan-abc7b025112dba1f074755e454c29681\">agreed not to stop<\/a> Unless all three countries participate in the scheme, their EU partners are prevented from borrowing money on international markets.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">but orban <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/europe-hungary-ukraine-loan-elections-summit-1084eb91a739889f5bde50ebd2cf3bc1\">Angry<\/a> The other 24 countries later withdrew from that agreement over the pipeline dispute and as the campaign heated up ahead of the election they <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/hungary-magyar-cabinet-tisza-orban-kapitany-2be6015ab5363a0e36ca264fccd0985b\">lost in landslide<\/a>.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In an address on Tuesday, Zelensky said &#8220;there can no longer be any grounds for blocking&#8221; the loans. &#8220;The EU asked Ukraine to repair the Druzhba oil pipeline, which was destroyed by Russia. We have repaired it.&#8221;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Ukraine&#8217;s Foreign Minister Andriy Sybiha told reporters that Ukraine has done its job. \u201cWe have completed everything \u2013 a date is (set), and the infrastructure has been repaired.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The European Union is also trying to launch a new effort from February <a rel=\"nofollow noopener\" target=\"_blank\" class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/brussels-ukraine-hungary-russia-sanctions-druzhba-d2519443e9542593f9a70cd22f18a6ab\">sanctions against russia<\/a>Which has been blocked by Hungary and Slovakia. These measures may take longer to get approved than loans.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Slovakia&#8217;s Foreign Minister Juraj Blanar said on Tuesday that his country would agree only if &#8220;Russian oil will arrive in Slovakia via the Druzhba pipeline. I can say that we have no such information yet.&#8221; <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Economy Minister Denisa Sakova said Slovakia expected oil supplies to resume on Thursday. Sakova said oil began re-entering the Druzhba pipeline on Wednesday, according to information from Ukrtransnaft, the company that operates the pipeline on Ukrainian territory.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">___<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">Associated Press journalists Hanna Arhirova in Kiev and Karel Jan\u00ed\u010dek in Prague contributed to this report.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brussels&#8211; EU envoys gathered on Wednesday cautiously optimistic that a huge debt The deal to help meet Ukraine&#8217;s military and financial needs for the next two years is close to being approved after months of stalemate. Envoys meeting in Brussels to assess whether Hungary could lift its veto 90 billion euro ($106 billion) loan packageOriginally<\/p>\n","protected":false},"author":1,"featured_media":88247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[15443,2688,2919,19380,1245,4255,1937],"class_list":["post-88245","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bible-news","tag-approving","tag-billion","tag-close","tag-deadlock","tag-loan","tag-months","tag-ukraine"],"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/88245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=88245"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/88245\/revisions"}],"predecessor-version":[{"id":88248,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/88245\/revisions\/88248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/88247"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=88245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=88245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=88245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}