EU provisionally approves €90bn Ukraine loan as Hungary drops opposition after Druzhba pipeline reopens – Europe live
📖 Full Retelling
<p>European Union presidency confirms preliminary approval of loan with formal procedures expected to conclude on Thursday</p><p>During his press conference, <strong>Fico also doubles down on his criticism of the incoming Hungarian government led by Péter Magyar,</strong> in a further sign that the relations between Bratislava and Budapest could change dramatically in the next few months.</p><p>Fico has been close friends with Orbán, often teaming up wit
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07.14 EDT EU's €90bn loan for Ukraine given preliminary approval; formal procedure to conclude on Thursday, EU presidency says And here it is. The Cypriot presidency of the European Union has just confirmed that the €90bn loan has been given a preliminary go-ahead by EU ambassadors. Curiously, going against what Fico suggested earlier today ( 12:02 ), they say the 20th package of sanctions against Russia has also been given a preliminary green light. “They will now go through a written procedure for their final adoption by the Council,” a Cypriot presidency spokesperson said. The written procedure is expected to conclude tomorrow afternoon, which conveniently is also when the EU leaders are set to meet in Cyprus. Let’s see if there are any late plot twists in this saga.
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