AssetID: 55532258
Headline: UNCAPTIONED: EU Struggles to Overcome Hungary's Veto on €90B Ukraine Lifeline
Caption: EU Struggles to Overcome Hungary’s Veto on €90B Ukraine Lifeline. The European Union is struggling to move forward with a planned €90 billion loan for Ukraine after Hungary withdrew its support. Hungarian Prime Minister Viktor Orbán had initially approved the aid package but later reversed his position. Under EU rules, all 27 member states must agree to the loan, which would be financed through joint EU borrowing. Ursula von der Leyen said the bloc remains determined to deliver the funding and is exploring alternative options. However, EU officials say there is currently no quick legal or procedural way to bypass Hungary’s veto. Budapest is reportedly tying its approval to a dispute involving a halted pipeline that once carried Russian oil to Central Europe. Ukrainian President Volodymyr Zelensky has signaled the pipeline dispute may need to be resolved before Hungary lifts its opposition. European Council President António Costa urged the EU to use treaty mechanisms to prevent one country from blocking major decisions. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Viktor Orbán,Ursula von der Leyen,Volodymyr Zelensky,António Costa,EU loan Ukraine,Hungary veto,€90 billion aid package,European Commission,Russian oil pipeline dispute,EU summit March 19
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