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EU’s Costa urges Hungary’s Orban to respect 90 billion euro loan deal for Ukraine, letter shows

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BRUSSELS, Feb ‌23 (Reuters) - European Council President ​Antonio Costa on Monday urged Hungarian Prime ⁠Minister Viktor Orban to honour an EU deal for a 90 ​billion euro ($106.11 billion) loan to Ukraine, ‌after Budapest said it would block the plan until Russian oil flows again ⁠through the Druzhba pipeline ⁠that traverses Ukraine.

"When leaders reach a consensus, they are bound by their decision. Any breach of ‌this commitment constitutes a violationof the ⁠principle of sincere ‌cooperation," Costa, who chairs ​summits of EU leaders, said in a letter to Orban seen ‌by Reuters.

"No Member State ​can be ⁠allowed to undermine the credibility ‌of decisions taken ⁠collectively by the European Council," Costa wrote, referring to the loan, which ​was approved ‌by EU leaders at a summit ⁠in December.

($1 = 0.8482 ​euros)

(Reporting by Andrew Gray, editing ​by Inti Landauro)

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