Ukrainian President Appeals to EU to Overcome Hungarian Block on Financial Aid Package
Ukrainian President Volodymyr Zelensky called on the European Union to find a way around Hungary's opposition to a substantial loan package for Ukraine. Speaking in Madrid during a meeting with Spanish Prime Minister Pedro Sanchez, Zelensky identified this as the primary concern for an upcoming EU summit in Brussels. He expressed hope that member states would devise a solution to secure the funding.
Key facts
- Volodymyr Zelensky urged the EU to circumvent Hungary's veto on a €90 billion loan for Ukraine.
- The appeal was made during Zelensky's visit to Madrid, where he met with Pedro Sanchez.
- Zelensky described the loan issue as the main topic for an EU summit scheduled in Brussels.
- The financial package is valued at approximately US$103 billion.
- Hungarian Prime Minister Viktor Orban has blocked the aid, prompting calls for alternative approval methods.
Entities
Institutions
- European Union
Locations
- Ukraine
- Hungary
- Madrid
- Spain
- Brussels