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EU approves €90bn Ukraine loan as Druzhba pipeline restarts, ending deadlock

EU ambassadors gave preliminary approval to a €90 billion loan to Ukraine and a new sanctions package, following the restart of oil pumping through the Druzhba pipeline to Hungary and Slovakia. The sequence followed Hungary's February veto and Ukraine's pipeline repairs, with flow planned to resume in Slovakia on April 23, 2026.

Why It Matters

The loan is a major EU-backed lifeline for Kyiv, tied to the Druzhba pipeline repairs. Its approval signals renewed EU financial and political support at a time of tensions with Hungary and Russia-linked energy concerns.

Timeline

13 Events

Oil flow into Slovakia planned for April 23

April 23, 2026

Crude oil started flowing into Slovakia for the first time since January 27, after the restart.

Funding timing noted

April 22, 2026

It was noted that the EU funding could still take weeks to reach Kyiv.

Slovakia: pipeline pressurising begins

April 22, 2026

Slovak energy minister Denisa Sakova said pressurising of the Druzhba pipeline had begun that morning, with crude oil expected to flow into Slovakia on April 23, 2026.

Pumping restarts after discussions

April 22, 2026

Ukraine and officials said pumping had restarted hours after EU ambassadors began discussing the loan.

EU ambassadors give preliminary loan and sanctions approval

April 22, 2026

EU ambassadors meeting in Brussels gave preliminary approval to the €90bn loan and to a 20th package of sanctions on Russia.

Zelenskiy: no grounds to block loan any more

April 21, 2026

Zelenskiy said there can be no grounds for blocking the loan any more and urged the EU to deliver on commitments.

Zelenskiy discusses loan unblock with EU leaders

April 21, 2026

President Volodymyr Zelenskiy discussed how the loan would be unblocked with European Commission President Ursula von der Leyen and European Council President António Costa.

Druzhba pipeline repairs completed

April 21, 2026

Ukraine said repairs to the Druzhba pipeline had been completed.

Orbán loses Hungarian election

April 19, 2026

Orbán's election defeat ended his 16-year tenure as prime minister, clearing the air for EU dealings.

Ukraine targets oil facilities inside Russia

April 2026

Ukraine targeted oil facilities inside Russia, including a pumping station in the Samara region linked to the Druzhba pipeline, this week.

Hungary vetoes loan payment

February 2026

Hungary's Viktor Orbán vetoed the payment of the €90bn loan in February after Ukraine said damage to the Druzhba pipeline had halted supplies.

Brody oil-tank damage reported (late January 2026)

January 2026

Satellite images suggested substantial damage to a major oil tank at Brody in western Ukraine in late January, with Kyiv saying repairs would take some time and noting engineers had come under Russian attack.

EU funding agreement for €90bn loan reached

December 2025

The EU had, in December 2025, agreed to provide Ukraine with a €90bn loan, to be disbursed in stages. Two-thirds of the loan were to bolster Ukraine's defence needs, with the remainder for broader financial assistance.