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EU Prepares to Approve Two New Russia Sanctions Packages as Hungary Drops Veto
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![Photo of Dariia Mykhailenko]( "Photo of Dariia Mykhailenko")
Following the recent change in government in Hungary, the European Union is positioned to fulfill its financial commitments to Ukraine and advance new rounds of restrictions against Russia.
This outlook was shared by Swedish Foreign Minister Maria Malmer Stenergard ahead of a meeting with European counterparts on April 21, as reported by Ukrinform correspondent.
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“The European Union must strengthen, accelerate, and expand its support for Ukraine, as well as increase pressure on Russia,” Stenergard emphasized.
The Foreign Minister expressed optimism that with the removal of the “Hungarian obstacle,” the EU can now move forward with the promised €90 billion (approximately $105 billion) loan for Ukraine. Additionally, she noted that the bloc is ready to finalize the 20th sanctions package and proceed with a 21st, which she believes should be adopted before the summer.
While Slovakia has indicated it may block the 20th package pending the restoration of Russian oil transit, Stenergard highlighted the deep-rooted solidarity between her country and Ukraine.
At the same time, the European Union is expected to approve a €90 billion loan for Ukraine this Wednesday, April 22. A representative for the Cypriot Presidency of the Council of the EU confirmed that the necessary amendment to the Multiannual Financial Framework has been officially placed on the agenda for the upcoming meeting of the Permanent Representatives Committee (Coreper II).
According to a report from Radio Free Europe/Radio Liberty, this legislative update is the final technical step required to launch the financial support mechanism for Ukraine.
The proposal is listed as an “I-item,” a designation for matters that do not require further debate, suggesting that a consensus among member states has already been reached.
On his part, Prime Minister-designate Péter Magyar has signaled that his government will refrain from obstructing the EU’s €90 billion aid package for Ukraine.
Although he confirmed that Hungary intends to maintain its opted-out status and will not take part in the loan program, Magyar clarified that Budapest has no intention of vetoing a collective agreement already reached by the European Council.
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