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Decision on EU’s €90bn loan for Ukraine ‘due in next 24 hours’ after Zelenskyy says oil pipeline repaired – as it happened
EUâs foreign policy chief, Kaja Kallas, says there is ânew momentumâ after Hungarian election as Ukrainian leader says Druzhba pipeline can resume operations
Kallas sticks to the earlier line, as she says she expects âpositive movementâ on the loan in the next 24 hours.
âWe must continue to give Ukraine what it needs to hold its own. And its own until Putin understands that this war leads nowhere.
Following Hungarian elections, there is a new momentum, and I expect the positive decision on the 90 billion loan in the next 24 hours.â
⦠and so on that note, itâs a wrap for today!
EU eyes Ukraine loan, Israeli settler sanctions, after Hungarian election
Ouster of EU ‘spoiler-in-chief’ Viktor Orban unlocks key foreign policy decisions in the 27-member bloc.
European Union officials have said they expect progress this week on key dossiers regarding Ukraine and Israel after Hungarian Prime Minister Viktor Orban, whose government had blocked the initiatives, was voted out of office.
Orban’s forthcoming departure opens the way for the bloc to release a 90-billion-euro ($106bn) loan to Ukraine and levy sanctions on violent Israeli settlers, officials said on Monday.
The loan to Ukraine, desperately needed by Kyiv to maintain its defence against Russia’s invasion, should be agreed on at a meeting on Wednesday, according to Cyprus, which holds the EU’s rotating presidency.
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