EU summit backs Ukraine’s €90 billion loan and opens all accession clusters — but Orbán and Fico still block the money

25 EU leaders formally endorsed Ukraine’s loan disbursement by early April and invited the Council to open all EU accession clusters without delay. Hungary and Slovakia declined to support the conclusions.
eu summit backs ukraine's €90 billion loan opens all accession clusters — orbán fico still block money · post slovak prime minister robert visiting hungarian viktor budapest 2024 tasr/mti spectatorsmesk
Slovak Prime Minister Robert Fico visiting Hungarian Prime Minister Viktor Orbán in Budapest in January 2024. Photo: TASR/MTI, via spectator.sme.sk
EU summit backs Ukraine’s €90 billion loan and opens all accession clusters — but Orbán and Fico still block the money

Twenty-five of 27 EU leaders formally backed Ukraine's €90 billion loan and its path to EU membership at a Brussels summit on 19 March, according to the European Council. Hungary and Slovakia, led by their pro-Russian governments, declined to support the conclusions. The loan remains frozen as the EU enters the fifth year of Russia's war against Ukraine.

Orbán's veto is not a new tactic — it follows a documented pattern in which Budapest has used manufactured crises to extract Brussels concessions, a cycle Euromaidan Press has traced across multiple EU funding and sanctions standoffs since 2022.

What 25 leaders endorsed

The European Council's statement welcomed the loan's adoption by EU legislators and expected a first disbursement by early April. On EU membership, it invited the Council to formally open all accession clusters "without delay, starting with the fundamentals cluster." The statement also called on Russia to agree to a "full, unconditional and immediate ceasefire," condemned North Korea's troop deployment in the war, and called for swift adoption of the 20th sanctions package against Russia.

Hungary and Slovakia did not support the Ukraine conclusions.

Orbán's condition, Fico's reason

Earlier, Hungarian PM Viktor Orbán claimed he would support no EU decision favoring Ukraine until Hungary received Russian oil via the Druzhba pipeline. Russia struck the pipeline's facility in Ukraine with drones in January, and Orbán blamed Ukraine for the disruption. Opposing Ukraine is the central narrative of Orbán's campaign ahead of the April elections.

"We are ready to support Ukraine when we get our oil, which is being blocked by them," he told reporters in Brussels. "Until then, there is no decision that is favourable for Ukraine."

Slovak PM Robert Fico claimed the pipeline is undamaged.

Both countries hold EU exemptions on Russian oil. Croatia's Prime Minister Andrej Plenković noted at the summit that both pay roughly 30% below market price for it.

Hungary row
Explore further

The Hungary-Ukraine crisis, explained

"He betrayed us"

On 18 March — the day before the summit — German Chancellor Friedrich Merz told the Bundestag the EU "must not take into account even one single country... that is now creating this blockade in Europe for domestic political reasons and because of an election campaign that is being conducted there." Hungary votes on 12 April.

Finland's Prime Minister Petteri Orpo told reporters at the summit that Orbán "betrayed" fellow EU leaders. 

"He's using Ukraine as a weapon in his election campaigning, and it's not good. We had a deal, and I think that he betrayed us." 

Belgium's Prime Minister Bart De Wever called it "unacceptable to decide with the leaders and then, after, say, 'but I'm not ready to execute what I decided.'"

Zelenskyy: "There is no alternative"

Speaking at a press conference with Spain's Prime Minister on 18 March, Ukraine's President Volodymyr Zelenskyy said EU countries would find a way through because reversing the December deal was "unfair." He addressed EU leaders via video link at the summit itself. 

"There is no alternative to €90 billion. There can be alternative forms of financing, but there is no alternative to strengthening our army," Zelenskyy said.

Péter Magyar, leader of Hungary's opposition Tisza party, speaks at a press conference in front of a European Union flag.
Explore further

Hungary’s opposition Tisza still leads the election, but the gap is closing—and a win may not be enough for Ukraine

Ukraine MFA: "theft" and "torture"

Ukraine's Foreign Ministry briefed journalists on 18 March. Spokesman Heorhii Tykhyi said the €90 billion "cannot be linked" to the pipeline's technical state.

"These are not just charity funds for Ukraine," Tykhyi said. "These are funds needed for European security."

Rear view of an Oschadbank armored cash-in-transit vehicle with doors open and cargo compartment empty, returned by Hungary on 12 March 2026 with documented equipment damage.
Explore further

Hungary returns Oschadbank’s armored vehicles damaged—cash and gold remain seized

On Hungary's March seizure of Oschadbank cash and gold, Tykhyi said Budapest still hasn't returned the money: 

"Hungary stole these funds. Without basis, without law," he added.

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here



    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts

    Ads are disabled for Euromaidan patrons.

    Support us on Patreon for an ad-free experience.

    Already with us on Patreon?

    Enter the code you received on Patreon or by email to disable ads for 6 months

    Invalid code. Please try again

    Code successfully activated

    Ads will be hidden for 6 months.