KYIV’S MONEY CHOCKED: After EU's €90BN, Now $8.1BN IMF Aid to Be Frozen in Energy War | World News

Описание: Hungarian Foreign Minister Péter Szijjártó announced Friday that Budapest will block a proposed €90 billion European Union loan for Ukraine, a move analysts warn could simultaneously derail a critical $8.1 billion IMF aid package. The standoff centers on the Druzhba pipeline, with Hungary accusing Kyiv of "political blackmail" by halting Russian oil transit—a claim Ukraine attributes to recent Russian infrastructure strikes. As the conflict enters its fifth year, the funding blockade threatens to destabilize Ukraine’s wartime economy ahead of its projected second-quarter budget deficit. The diplomatic friction underscores deepening divisions within NATO and the EU regarding long-term financial commitments to Kyiv, occurring amidst shifting geopolitical dynamics following the latest U.S. elections and persistent energy security concerns in Central Europe.
#breakingnews #ukrainewar #geopolitics #eunews #energycrisis #financialnews #tnworld #timesnowworld #worldnews #internationalnews #timesnews #newsworld
​Subscribe now: http://bit.ly/3VHIl37

Times Now World is your definitive source for comprehensive global news and analysis.
At Times Now World, we bring you breaking news and real-time updates on US news, US elections, Trump, Biden, Putin, Zelensky, Russia-Ukraine war, Israel-Hamas conflict, Gaza, China-Taiwan tensions, Hungary news, NATO updates, and EU developments. Stay informed with our in-depth coverage of politics, economics, and current affairs, exclusively on Times Now World. Explore diverse perspectives and expert insights on international relations, technology, and more, all on Times Now World.
Engage with dynamic discussions on global issues, including NATO news and EU updates, on Times Now World.

Follow compelling stories and impactful reports on Times Now World. Discover the pulse of international affairs with Times Now World's extensive coverage of global events.