politics

March 17, 2026

Hungary rules out compromises on Ukraine loan

Hungary will keep blocking Ukraine aid and new Russian sanctions until oil supplies via the Druzhba pipeline resume, FM Peter Szijjarto says

Hungary rules out compromises on Ukraine loan

TL;DR

  • Hungary will oppose an EU bailout for Ukraine and new sanctions against Russia until oil supplies via the Druzhba pipeline resume.
  • Prime Minister Viktor Orban vetoed a €90 billion EU emergency loan after Ukraine halted Russian oil supplies.
  • Hungary and Slovakia accuse Ukraine of deliberately cutting off oil supplies to exert pressure.
  • Foreign Minister Peter Szijjarto stated there are no technical reasons to halt oil supplies, implying Ukraine awaits political approval.
  • Recent tensions include the seizure of tens of millions of dollars and 9 kg of gold from two Ukrainian armored trucks near Budapest.
  • Hungary has previously opposed Ukraine's EU and NATO membership bids and been reluctant to fund its war effort.

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