Ukraine will receive financial support from European Union countries even if Hungary and Slovakia continue to block the planned €90 billion loan, Politico reported, citing EU diplomats familiar with the discussions.
Leaders are set to meet in Brussels next week to press Hungarian Prime Minister Viktor Orban and Slovak Prime Minister Robert Fico to approve the package, which is designed to cover two-thirds of Ukraine's funding needs through 2027. If they refuse, Nordic and Baltic states are preparing bilateral loans worth about €30 billion to keep Kiev solvent through midyear, the news agency was told.
The report also claimed that Dutch Finance Minister Eelco Heinen separately informed colleagues that his government has arranged €3.5 billion annually in bilateral support until 2029. Furthermore, four people familiar with Ukraine's finances told the media outlet the country should remain solvent until early May, reducing fears of a March shortfall.