European Fee expects Orbán to honour pledge on €90bn Ukraine mortgage

The European Fee has mentioned it expects Hungary's Prime Minister Viktor Orbán to honour a pledge he made on the European Council assembly on 19 December and approve a €90 billion EU mortgage to Ukraine for 2026-2027.

Supply: Paula Pinho, European Fee Chief Spokesperson, throughout a press convention in Brussels, as reported by European Pravda

Particulars: The European Fee expects Hungary to again the €90 billion mortgage for Ukraine.

Pinho mentioned the European Council has agreed to offer Ukraine with a mortgage on the only situation that three member states is not going to take monetary half within the programme.

She added that this situation has now been met and mentioned the Fee expects all leaders to stay to their commitments.

Pinho additionally mentioned that failure to take action is or could be an apparent breach of the precept of honest cooperation.

Background:

  • Ukraine's Overseas Minister Andrii Sybiha urged Hungary on the EU Overseas Affairs Council on 23 February to cease blocking the €90 billion mortgage for Kyiv and to unblock approval of the EU's twentieth sanctions package deal in opposition to Russia.
  • Hungarian Overseas Minister Péter Szijjártó mentioned that Budapest will block the adoption of the European Union's twentieth package deal of sanctions in opposition to Russia on Monday, claiming that Ukraine is intentionally not repairing the Druzhba oil pipeline broken by Russian strikes.
  • Hungary has additionally formally refused to approve the €90 billion mortgage for Ukraine that was beforehand agreed upon in Brussels.
  • Kaja Kallas, EU Excessive Consultant for Overseas Affairs and Safety Coverage, has mentioned forward of the EU Overseas Affairs Council assembly that the Union's twentieth sanctions package deal in opposition to Russia is unlikely to be adopted on 23 February resulting from blocking by Hungary.

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