French President Emmanuel Macron has expressed hope for advancements regarding a €90 billion European Union loan to Ukraine, contingent on the formation of Hungary’s new government.
Macron characterized the establishment of the new Hungarian administration as a significant turning point, not just for Hungary but for Europe as a whole. He stated, “We can look forward with optimism to the prospects of achieving progress regarding the €90 billion loan to Ukraine.”
He further emphasized that the new government in Hungary is a positive development for Ukraine and beneficial for the credibility of the EU.
The €90 billion loan was initially approved by European leaders in late 2025. However, Hungary blocked the disbursement following damage to the Druzhba pipeline by Russia. Prime Minister Viktor Orbán indicated that Hungary would only lift its blockade once oil supplies are restored.
It is important to note that the recent electoral victory of Péter Madjar, leader of the Tisza party, does not guarantee the immediate unblocking of the EU loan for Ukraine. Madjar has stated his willingness to discuss the matter with European leaders, but the European Council had already made decisions in December that allowed Hungary, Slovakia, and the Czech Republic to opt out of the program.
French President Emmanuel Macron is optimistic about the new Hungarian government's potential to advance discussions on a €90 billion EU loan for Ukraine. However, Hungary's previous blockade remains a significant hurdle, despite recent political changes.