All articles

Hungary, Czech Republic, Slovakia, and Bulgaria oppose the EU loan to Ukraine

Hungary, Czech Republic, Slovakia, and Bulgaria oppose the EU loan to Ukraine

Hungary, the Czech Republic, and Slovakia are demanding that the new EU loan for Ukraine, worth 45 billion euros, not be guaranteed, while Bulgaria refuses to participate in the program altogether. This has led to criticism from Germany, which emphasizes the inadmissibility of such a position, given the demands of these countries for increased payments from EU cohesion funds.

Hungary, the Czech Republic, and Slovakia are demanding to be released from financial guarantees for a new EU loan to Ukraine worth 45 billion euros. Bulgaria has completely refused to participate in the program. Ukraine's total additional financial request for 2027 years amounts to 70 billion euros, with 25 billion euros to be provided by international partners, including Canada and Japan.

In Berlin, it is emphasized that the positions of Hungary, the Czech Republic, and Slovakia are unacceptable, as these countries are demanding an increase in payments from EU cohesion funds. Bulgarian Prime Minister Rumen Radev called for the war to be ended as quickly as possible through diplomatic means.

The German diplomat stated that this position demonstrates a disconnect from reality on the part of some countries and casts doubt on their participation in defending against the main security threat. He also noted that there is no sense of unity among those who support this position.

Previously, the European Union had agreed on a package of macro-financial assistance to Ukraine worth 90 billion euros, intended for 2026–2027 years.