EU unblocks loan to Ukraine

The loan, roughly equivalent to $106 billion, is intended to provide critical financial stability to Kyiv as it continues its defense against Russia.

Hungary's reversal follows the repair of a pipeline damaged in a Russian strike, which had been a key condition for Prime Minister Viktor Orbán.

President Volodymyr Zelensky is scheduled to meet with EU leaders in Cyprus to finalize the agreement and discuss new sanctions against Moscow.

The move signals a potential shift in regional dynamics following recent elections in Hungary that saw pro-Russian forces lose power.