EU presses ahead to unlock €90 billion for Ukraine and new Russia sanctions – but Kallas says “no good news” yet

Hungary’s veto of the loan and 20th sanctions package, in place since February, remains unresolved – with the European Council’s June summit now the next realistic window.
EU High Representative Kaja Kallas and Ukrainian President Volodymyr Zelenskyy in Kyiv, 31 March 2026. Screenshot from video: Volodymyr Zelenskyy on Telegram
EU High Representative Kaja Kallas and Ukrainian President Volodymyr Zelenskyy in Kyiv, 31 March 2026. Screenshot from video: Volodymyr Zelenskyy on Telegram
EU presses ahead to unlock €90 billion for Ukraine and new Russia sanctions – but Kallas says “no good news” yet

The European Union is working to overcome obstacles to both the adoption of its 20th sanctions package against Russia and the release of a €90 billion financial support package for Ukraine, EU High Representative Kaja Kallas said Tuesday during a visit to Ukraine, according to Interfax-Ukraine.

Speaking to journalists, Kallas acknowledged that certain hurdles remain in approving the sanctions and disbursing the loan. 

“Work is underway to overcome those obstacles, but I unfortunately cannot provide any good news at present,” she said, expressing hope that decisions would be secured at the next European Council meeting, scheduled for June 19–20, 2026.

Why sanctions and aid remain blocked

The 20th sanctions package and the €90 billion loan have been stalled largely because of opposition from Hungary and, to a lesser degree, Slovakia. 

Hungary vetoed both the sanctions and the loan in February, breaking an earlier commitment and linking its support to conditions such as the restoration of Russian oil transit through the Druzhba pipeline. This block has delayed approval and disbursement, despite backing from other EU countries.

At a March EU summit, 25 of 27 leaders formally backed the €90 billion aid package and support for Ukraine’s EU accession, but Hungary and Slovakia declined to support the conclusions, leaving the loan frozen as the war continues.

Ukraine emphasizes urgency of support

Ukrainian President Volodymyr Zelenskyy stressed the critical importance of unlocking the €90 billion package, calling it “financial security not only for Ukraine but for all of Europe.”

He added that the support would strengthen Ukraine’s defense and send a clear message to Russia that its war is destined to fail. Zelenskyy also discussed the need to increase pressure on Russia and advance Ukraine’s EU membership negotiations.

EU foreign ministers meet in Kyiv

The visit coincides with the fourth anniversary of Bucha’s liberation from Russian occupation. 

Ukrainian Foreign Minister Andriy Sybiha earlier said the EU foreign ministers’ off‑site meeting in Kyiv will address energy and defense support, the frontline situation, and the future accountability framework, including a special tribunal to prosecute Russian crimes. 

The delegation’s visit provides a high‑profile opportunity to highlight Ukraine’s needs and ongoing cooperation with European partners.

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