BRUSSELS, March 19 (Reuters) - There are alternatives to overcome Hungary's veto on a 90 billion euro ($103 billion) loan to Ukraine but they will need political courage from European leaders, EU
EU May Circumvent Hungary’s Loan Veto to Ukraine, Kallas Says at Brussels Summit
EU Leaders Seek Solutions Amid Hungary’s Veto on Ukraine Loan
Background on the Loan Veto
BRUSSELS, March 19 (Reuters) - There are alternatives to overcome Hungary's veto on a 90 billion euro ($103 billion) loan to Ukraine but they will need political courage from European leaders, EU foreign policy chief Kaja Kallas said on Thursday.
Kaja Kallas’ Statement at the Brussels Summit
Political Courage Required
"There are alternatives, but let's see how this goes. It will also need some political character from all of us," Kallas told reporters ahead of a European Council summit in Brussels.
Hungary’s Position and EU Pressure
Orban’s Defense of the Veto
Hungary is under pressure from fellow EU countries to lift its veto, which Prime Minister Viktor Orban has defended amid a dispute with Kyiv over a war-damaged oil pipeline.
Potential Solutions and Criticism
Oil Supplies from Croatia
Kallas said that oil supplies from Croatia could be a solution for Hungary, while she added that Hungary was not acting "in good faith" with its resistance to the already agreed loan.
Additional Information
Exchange Rate
($1 = 0.8734 euros)
Reporting Credits
(Reporting by Gianluca Lo Nostro; Editing by Bart Meijer)
