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    1. Home
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    3. >Ukraine counting on EU to unblock 90 billion euro package, Zelenskiy says
    Headlines

    Ukraine Counting on EU to Unblock 90 Billion Euro Package, Zelenskiy Says

    Published by Global Banking & Finance Review®

    Posted on March 19, 2026

    1 min read

    Last updated: March 19, 2026

    Ukraine counting on EU to unblock 90 billion euro package, Zelenskiy says - Headlines news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingGeopoliticsAidEurope

    Quick Summary

    Ukraine’s President Zelenskiy urged the EU to lift Hungary’s veto on a vital €90 billion aid package, warning Kyiv faces a “very difficult” situation while fending off Russian aggression. He also noted cooperation on repairing the Druzhba oil pipeline and potential resumption of peace talks based on

    Table of Contents

    • Ukraine's Appeal for Critical EU Financial Support
    • EU Aid Package and Its Importance
    • Hungary's Block and Kyiv's Challenges
    • Restoration Efforts and Diplomatic Developments

    Zelenskiy: Ukraine Counts on EU to Unblock 90 Billion Euro Aid Package

    Ukraine's Appeal for Critical EU Financial Support

    KYIV, March 19 (Reuters) - A 90 billion-euro aid package from the European Union that is currently blocked by Hungary is critical for Kyiv as it faces a "very difficult" situation while fighting Russia, President Volodymyr Zelenskiy said on Thursday.

    EU Aid Package and Its Importance

    Hungary's Block and Kyiv's Challenges

    In comments to the European Council, he added that Ukraine was working productively with the EU on restoring the Druzhba oil pipeline damaged by Russia, and that he has received signals from the U.S. that peace talks with Russia may resume soon.

    Restoration Efforts and Diplomatic Developments

    (Reporting by Yuliia Dysa; Writing by Dan Peleschuk;Editing by Alison Williams)

    Key Takeaways

    • •Ukraine critically needs the blocked €90 billion EU loan, with Hungary demanding resumption of Russian oil via the Druzhba pipeline before lifting its veto (apnews.com)
    • •President Zelenskiy indicated productive collaboration with the EU on restoring the Druzhba pipeline and noted U.S. signals suggest peace negotiations with Russia may soon resume (apnews.com)
    • •The EU has proposed financing and technical assistance for pipeline repairs to break the deadlock, while Kyiv estimates restoration could take around six weeks (apnews.com)

    References

    • EU leaders blast Viktor Orbán over a Ukraine loan veto, accusing him of playing election games
    • Zelenskyy says Ukraine is waiting on US and Russia to set the next round of talks
    • EU offers to pay Ukraine to fix an oil pipeline that's been a focal point of Ukraine-Hungary feud

    Frequently Asked Questions about Ukraine counting on EU to unblock 90 billion euro package, Zelenskiy says

    1Why is the 90 billion-euro EU aid package important to Ukraine?

    The aid package is critical for Ukraine as it faces a very difficult situation in its conflict with Russia.

    2Who is blocking Ukraine's EU aid package?

    The 90 billion-euro aid package from the EU is currently being blocked by Hungary.

    3What progress has Ukraine made with the EU, according to Zelenskiy?

    Ukraine is working productively with the EU to restore the Druzhba oil pipeline, which was damaged by Russia.

    4Has Ukraine received any signals about peace talks with Russia?

    Yes, Zelenskiy stated that Ukraine has received signals from the U.S. that peace talks with Russia may resume soon.

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