Episode Details

EU Approves €90B Loan for Ukraine as Damaged Pipeline Feud Ends

The European Union has given the green light to a €90B loan for Ukraine, following repairs on the Druzhba pipeline that allowed Russian crude to flow to Hungary and Slovakia. The pipeline dispute, which pitted Hungarys former leader Viktor Orbán against Ukraines President Volodymyr Zelenskyy, was resolved after Orbáns election loss. The loan comes as Ukraine faces budget gaps and reduced U.S. aid, four years into Russias invasion. The EU is also considering its twentieth sanctions package on Russias energy, banks, and trade. With oil flowing and funds on the way, Ukraine receives a budget boost, but Slovakias prime minister warns of potential supply cuts.

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