EU President Costa urges Orban to honor 90 billion euro Ukraine loan deal

Antonio Costa urged Viktor Orban to honor a 90 billion euro loan for Ukraine. He warned that blocking the deal violates principles of sincere cooperation.

European Council President Antonio Costa has written to the Prime Minister of Hungary HUHU, Viktor Orban, urging him to honour a European Union agreement to provide a 90 billion euro loan to Ukraine UAUA. The letter, sent on February 23, 2026, follows an announcement from the Hungarian government that it intends to block the financial aid package. Hungary has stated it will not allow the loan to proceed until flows of oil from Russia RURU resume through the Druzhba pipeline, which traverses Ukrainian territory.
Firefighters work at the site of a residential building damaged during Russian drone and missile strikes, amid Russia's attack on Ukraine, in Kyiv, Ukraine, February 22, 2026. REUTERS/Valentyn Ogirenko
Firefighters work at the site of a residential building damaged during Russian drone and missile strikes, amid Russia's attack on Ukraine, in Kyiv, Ukraine, February 22, 2026. REUTERS/Valentyn Ogirenko
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