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EU gives initial green light to $106B Ukraine support after Hungary row eases

The breakthrough now clears the path for Brussels to begin disbursing the loan in the coming months, providing Ukraine with vital budget support more than four years into Russia’s full-scale invasion.

Zelensky has repeatedly criticised EU members that continue buying Russian oil and gas, arguing the purchases help finance Moscow’s war machine.

Fresh Russia sanctions back on the table

The easing of the pipeline row could also help unblock the EU’s 20th sanctions package against Russia, which has also been stalled by Hungary and Slovakia.

The new measures would target Russia’s energy, banking and trade sectors, as Brussels tries to increase pressure on the Kremlin while Washington under President Donald Trump has moved to ease restrictions on Russian oil during the Iran conflict.

Zelenskyy on Tuesday urged European leaders to tighten sanctions again, warning against allowing Moscow financial breathing room.

Still, scepticism remains.

Slovak Prime Minister Robert Fico said Wednesday he “would not be surprised if the €90 billion loan were unblocked and then oil supplies were cut off again,” signalling continued distrust between Kiev and some of its European partners.

For now, however, the resumption of oil flows has offered Brussels its clearest opening in months to restore momentum behind support for Ukraine.

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