EU's Costa urges Hungary's Orban to respect 90 bln euro loan deal for Ukraine, letter shows

2026-02-23 16:38:20

BRUSSELS, Feb 23 (Reuters) - European Council President Antonio Costa on Monday urged Hungarian Prime Minister Viktor Orban to honour an EU deal for a 90 billion euro ($106.11 billion) loan to Ukraine, after Budapest said it would block the plan until Russian oil flows again through the Druzhba pipeline that traverses Ukraine.

“When leaders reach a consensus, they are bound by their decision. Any breach of this commitment constitutes a violation of the principle of sincere cooperation,” Costa, who chairs summits of EU leaders, said in a letter to Orban seen by Reuters.

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“No Member State can be allowed to undermine the credibility of decisions taken collectively by the European Council,” Costa wrote, referring to the loan, which was approved by EU leaders at a summit in December.

($1 = 0.8482 euros)

Reporting by Andrew Gray, editing by Inti Landauro

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