EU ready to implement Ukraine loan when green light comes, Kubilius says

EU ready to implement Ukraine loan when green light comes, Kubilius says
The European Union stands ready to supply Ukraine with ​its promised 90 billion euro ($106 billion) loan as soon as Hungary drops its veto after last Sunday’s election, EU Defense ‌Commissioner Andrius ‌Kubilius said on ​Wednesday. (AFP/File)
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EU ready to implement Ukraine loan when green light comes, Kubilius says

EU ready to implement Ukraine loan when green light comes, Kubilius says
  • “The ‌people ⁠have ​spoken. A ⁠new wind is blowing,” Kubilius said

BRUSSELS: The European Union stands ready to supply Ukraine with ​its promised 90 billion euro ($106 billion) loan as soon as Hungary drops its veto after last Sunday’s election, EU Defense ‌Commissioner Andrius ‌Kubilius said on ​Wednesday.
“The ‌people ⁠have ​spoken. A ⁠new wind is blowing,” Kubilius said about the election that was convincingly won by Hungary’s opposition leader Peter ⁠Magyar.
“In any case, ‌we ‌are ready to ​implement ‌the loan as soon ‌as we get the green light,” the commissioner said.
The defeat of Hungary’s ‌Prime Minister Viktor Orban, Ukraine’s harshest EU foe, ⁠could ⁠pave the way for the loan that Kyiv urgently needs to fund the war with Russia, and that was originally agreed on by all EU member states ​in December.