
At a summit in Ayia Napa, EU leaders toasted a €90 billion loan package for Ukraine but faced a rapid comedown as political and technical hurdles surfaced the next morning. Divisions remain over conditionality, disbursement mechanics and how holdout governments will be managed. The summit outcome is linked to separate talks in Budapest about unlocking roughly €17 billion withheld under the previous Hungarian government, which could affect approval and delivery timelines.
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