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Ukraine Completes Druzhba Pipeline Repairs, EU Loan Approval Anticipated

Ukraine Completes Druzhba Pipeline Repairs, EU Loan Approval Anticipated

Ukraine has completed repairs on the Druzhba oil pipeline, which was damaged by a Russian strike, and is preparing to resume oil flows. This development is linked to the potential approval of a significant EU loan, which had been delayed due to the pipeline's suspension. The pipeline's repair is expected to unlock a 90 billion euro EU loan intended to support Ukraine's military and economic needs. The loan had been blocked by Hungary and Slovakia, who rely on the pipeline for oil supplies.
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EU close to approving a $106B loan for Ukraine after months of deadlock

EU close to approving a $106B loan for Ukraine after months of deadlock

The European Union is close to approving a 90 billion euro ($106 billion) loan package to support Ukraine’s military and financial needs for the next two years
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Druzhba pipeline is set to restart oil flows to Europe, potentially unblocking EU's Ukraine loan

Druzhba pipeline is set to restart oil flows to Europe, potentially unblocking EU's Ukraine loan

By Krisztina Than and Jan Lopatka BUDAPEST/PRAGUE, April 22 (Reuters) - Hungary and Slovakia expect deliveries of Russian oil to resume through a pipeline via Ukraine after a halt lasting months, which could in turn unblock a 90 billion euro ($105.79 billion) EU loan urgently needed by Kyiv.
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Ukraine completes Druzhba pipeline repairs, hoping to unlock blocked EU loan

Ukraine completes Druzhba pipeline repairs, hoping to unlock blocked EU loan

Ukraine has completed repairs on a damaged oil pipeline and is preparing to resume flows
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EU Ambassadors Set to Approve €90 Billion Loan to Ukraine Amid Oil Transit Conditions

EU Ambassadors Set to Approve €90 Billion Loan to Ukraine Amid Oil Transit Conditions

The European Union is preparing to approve a €90 billion loan to Ukraine, contingent upon the resumption of Russian oil transit to Hungary through the Druzhba pipeline. The pipeline, which was damaged in a Russian strike in January, is crucial for Hungary's energy supply. Hungary's outgoing Prime Minister Viktor Orbán has stated that he will lift his veto on the loan once the oil flow is restored. The Cypriot presidency of the Council of the EU has placed the loan approval on the agenda for a meeting of the EU's 27 ambassadors. Ukrainian President Volodymyr Zelenskyy announced that the pipeline would be operational by the end of the month, with a strong possibility of resuming flows before the meeting.
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EU close to approving release of $106B loan to Ukraine after months of deadlock

EU close to approving release of $106B loan to Ukraine after months of deadlock

European Union envoys are close to approving a 90 billion euro ($106 billion) loan package to support Ukraine’s military and financial needs for the next two years
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EU envoys meet in hopes of approving a long-delayed loan to Ukraine

EU envoys meet in hopes of approving a long-delayed loan to Ukraine

European Union envoys are meeting in hopes of approving a massive loan to support Ukraine's military and financial needs for the next two years
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Mideast crises divide Europe as it grapples with rising fuel costs and policy toward Israel

Mideast crises divide Europe as it grapples with rising fuel costs and policy toward Israel

Europe's top diplomats are meeting in Luxembourg to address multiple crises, including the ongoing war in Ukraine and economic instability due to the conflict in Iran
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Exclusive-Russia cuts oil output in April, sources say

Exclusive-Russia cuts oil output in April, sources say

April 21 (Reuters) - Russia was forced to reduce oil output in April due to Ukrainian drone attacks on ports and refineries, as well as a halt to crude supplies via the only remaining Russian oil pipeline to Europe, according to five sources and Reuters calculations.
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Middle East crises divide Europe with rising fuel costs and tensions over Israel policy

Middle East crises divide Europe with rising fuel costs and tensions over Israel policy

Europe's top diplomats are meeting in Luxembourg to address multiple crises, including the ongoing war in Ukraine and economic instability due to the conflict in Iran
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Rumen Radev, Russia-friendly ex-fighter pilot, sweeps Bulgaria's election

Rumen Radev, Russia-friendly ex-fighter pilot, sweeps Bulgaria's election

By Edward McAllister and Alex Lefkowitz SOFIA, April 20 (Reuters) - When Rumen Radev stepped down from his role as president of Bulgaria in January to run in Sunday's parliamentary election, he urged voters to ditch the "corrupt officials, conspirators and extremists" that he said were running the
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Ukraine's Push for European Missile Defense System Amidst Russian Threats

Ukraine's Push for European Missile Defense System Amidst Russian Threats

Ukrainian President Volodymyr Zelenskyy has called for the development of a European anti-ballistic missile defense system within a year. This initiative comes as Ukraine faces frequent missile attacks from Russia, targeting its energy infrastructure. Currently, Ukraine relies on the U.S.-made Patriot system, which is in limited supply. Zelenskyy is in talks with several European countries to create a homegrown defense system, aiming to reduce dependency on external supplies. The move is part of a broader strategy to enhance Ukraine's defense capabilities and ensure regional security.