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BRUSSELS — Hungary’s defiant leader Viktor Orban vowed on Thursday to keep blocking a massive loan for Ukraine despite heavy pressure from European Union partners, who were headed into a summit in Brussels hoping to unlock the much-needed funding.
Greenpeace has projected a golden “Trump Tower” onto the European Commission HQ in Brussels ahead of an EU summit on Thursday (19 March). The environmental group said that they are protesting against the EU’s dependence on US gas and oil imports. “Trump wants to dominate Europe, and so far most European politicians seem to let him have his way, so we’re helping them redecorate,” said EU political campaigner Ariadna Rodrigo. The group urged the EU to “resist Trump’s agenda of chaos and cruelty” and called on them to condemn his recent actions. It comes as the 27 leaders of the bloc gathered to discuss the Iran conflict and the resulting increase in energy prices, as well as Hungary's continued veto on the €90 billion loan for Ukraine.
Hungarian leader Viktor Orban has vetoed giving Ukraine its promised US$103 billion EU loan until Russian oil supply is resumed.
Orban has shown no signs of backing down in row over Russia oil flows
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European Union leaders piled pressure on Hungarian Prime Minister Viktor Orban on Thursday to lift his blockade on a vital 90-billion-euro EU loan to Ukraine to keep up its fight against Russia's...
-March 19, 2026 at 05:40 am EDT
- MarketScreener
EU leaders are accusing Hungary’s Viktor Orbán of blocking major aid to Ukraine to score points at home ahead of elections next month. The leaders who were gathered in Brussels for a summit on Thursday say that he is reneging on a deal they reached in December. Finland’s prime minister says Orbán has betrayed his EU counterparts for campaigning purposes. Belgian and Austrian leaders say Hungary must respect what it has already agreed to. EU officials say Ukraine needs at least part of the loan by early May. Orbán is linking his veto to halted Russian oil deliveries through Ukraine. The dispute is exposing weaknesses in EU rules that often require unanimity.