Hungary Won’t Block €90 Billion EU Loan to Kyiv, Magyar Says

Hungary’s next leader Peter Magyar said he won’t stand in the way of Ukraine receiving a €90 billion ($105 billion) loan from the European Union that was blocked by the outgoing Prime Minister Viktor Orban.

Magyar said at a news conference in Budapest on Monday that his country would maintain its opt-out from participating in the loan financially. That would allow the EU to waive through the loan.