Hungary election ousts Orban, clearing path for €90bn Ukraine loan

Hungary’s incoming coalition announced it will not oppose the European Union’s €90 billion loan package for Ukraine, but it will not take part in the financing scheme itself. Prime Minister‑designate Peter Magyar said the stance can be revisited in discussions with future EU counterparts. The decision follows the recent Hungarian election that removed Viktor Orbán from power, clearing the path for the loan’s approval. While supportive of Ukraine’s needs, the new government seeks to limit its direct financial involvement.