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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: April 1, 2026

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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

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

Frequently Asked Questions

Why 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.
Who is blocking Ukraine's EU aid package?
The 90 billion-euro aid package from the EU is currently being blocked by Hungary.
What 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.
Has 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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