90 Billion for Kyiv and the 20th Sanctions Package
Economy
EU ambassadors have reached a breakthrough agreement on two pivotal issues: a €90 billion loan for Ukraine and the implementation of the 20th sanctions package against Russia. The diplomatic deadlock was resolved after Slovakia and Hungary withdrew their vetoes in exchange for the resumption of energy supplies.
The Cypriot presidency of the EU Council officially confirmed the approval of the measures in Brussels. This decision was made possible by a critical compromise in the energy sector. Previously, Budapest and Bratislava had blocked these initiatives, demanding guarantees for their energy security.
The turning point was the restart of Russian oil transit via the "Druzhba" pipeline through Ukrainian territory. The resumption of the flow, which had been halted since February, was the primary condition set by Hungary and Slovakia. As soon as the crude oil began reaching refineries in these countries, both delegations dropped their objections, allowing Brussels to unblock massive financial aid for Kyiv and expand sanction pressure on Moscow.
The turning point was the restart of Russian oil transit via the "Druzhba" pipeline through Ukrainian territory. The resumption of the flow, which had been halted since February, was the primary condition set by Hungary and Slovakia. As soon as the crude oil began reaching refineries in these countries, both delegations dropped their objections, allowing Brussels to unblock massive financial aid for Kyiv and expand sanction pressure on Moscow.
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