EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto

Ukraine’s President Volodymyr Zelenskyy makes statements as he arrives for the EU Summit in Ayia Napa, Cyprus, Thursday, April 23, 2026. Petros Karadjias/AP

Petros Karadjias/AP

BRUSSELS — The European Union on Thursday approved a 90-billion-euro ($106-billion) loan package to help Ukraine meet its economic and military needs for two years after oil began flowing through a key pipeline to Hungary and Slovakia, ending months of political deadlock.

The EU also approved a new raft of