Ukraine is awaiting urgently needed billions from Brussels, but one member state is blocking the payment. Just before the EU summit, President Volodymyr Zelenskyy urgently called on member countries to release the 90-billion-euro loan for his country, which has been halted by Hungary. This is a real financial guarantee for our security and our resilience, and it must be implemented, according to De.finance.yahoo. In a video address to the European Parliament in Brussels, Zelenskyy described the aid package as a ‘real financial guarantee for our security and our resilience,’ as reported by De.finance.yahoo. ‘It must be implemented,’ demanded the Ukrainian leader. At the same time, he thanked all ‘who are working to make this possible.’ The European Parliament has already given its approval for the release of the loan. Originally, the Council of Ministers was supposed to approve the package this Tuesday. However, Hungary’s blocking stance is delaying the urgently needed funds.
The financial aid is existential for Ukraine. The country is not only fighting on the front against Russian troops but must also stabilize its economy and maintain basic state functions. Without the EU billions, shortages in defense and the supply of the population threaten.
Selenskyj used his speech before the EU Parliament to again demand a concrete date for Ukraine’s EU accession. Without a binding commitment, Russia’s President Vladimir Putin will block accession “for decades by dividing Europe,” warned the Ukrainian president according to n-tv. A specific timeline is therefore “very important” for diplomatic efforts.
The dual demand – immediate aid and accession perspective – underscores Ukraine’s strategic situation. The country needs not only short-term financial injections but also long-term security guarantees through European integration.
For the European Union, the situation presents a stress test. On one hand, it wants to support Ukraine in the fight against Russia, on the other hand, it must overcome the resistance of individual member states. Hungary under Prime Minister Viktor Orbán has repeatedly proven to be a brake on Ukraine policy in the past.
The blockade comes at a critical time. Ukrainian forces are under pressure, the economy is suffering from the consequences of the war, and winter is approaching. Any delay in EU aid exacerbates the situation.
The decision now lies with the EU heads of state and government, who are meeting for the summit. They must find a way to circumvent or resolve the Hungarian blockade. Possible scenarios range from political pressure to compromises to legal tricks to push the aid package through.
For Germany and other major EU countries, this is also about credibility. They have promised Ukraine extensive support – now they must deliver. The loan package is part of a larger aid package intended to ensure Ukraine’s survival.
Zelenskyy’s appeal shows the urgency of the situation. Ukraine cannot wait while procedural issues are debated in Brussels. The coming days will show whether the European Union is capable of acting unitedly on the Ukraine issue – or whether internal blockades paralyze the common foreign policy.
This is a real financial guarantee for our security and our resilience, and it must be implemented
De.finance.yahoo
