Explore more publications!

Hungary Holds EU Loan for Ukraine Over Druzhba Pipeline Dispute

(MENAFN) Hungary has announced it will withhold approval of the €90 billion ($106 billion) European Union loan earmarked for Ukraine until oil deliveries through the Druzhba pipeline are restored, according to statements from Peter Szijjarto on Friday.

"We are blocking the €90 billion EU loan for Ukraine until oil transit to Hungary via the Druzhba pipeline resumes," Szijjarto wrote on US social media platform X.

He accused Ukraine of attempting to pressure Hungary by suspending pipeline deliveries “in coordination with Brussels and the Hungarian opposition,” claiming the move disrupted supplies and pushed up fuel prices ahead of elections.

"By blocking oil transit to Hungary through the Druzhba pipeline, Ukraine violates the EU-Ukraine Association Agreement, breaching its commitments to the European Union. We will not give in to this blackmail," Szijjarto added.

MENAFN21022026000045017640ID1110770557


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions