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EU leaders fail to convince Hungary’s Orban to lift block on Ukraine loan

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By Andrew ‌Gray and Lili Bayer

BRUSSELS, March ​19 (Reuters) - European Union leaders failed to convince Hungarian ⁠Prime Minister Viktor Orban at a summit on Thursday to lift his ​blockade on a vital 90-billion-euro ($103 billion) EU ‌loan to Ukraine, officials said.

EU leaders agreed to the loan in December but Orban, ⁠who has cordial ties with ⁠Russia and has clashed with Ukrainian President Volodymyr Zelenskiy, has so far blocked its implementation, citing a dispute over ‌a war-damaged pipeline.

Orban's stance has angered ⁠other EU leaders as ‌Kyiv could run short of ​money in weeks if it does not receive new funding and his ‌U-turn has called into ​question the credibility ⁠of the European Council, the EU's ‌highest decision-making body.

(Additional ⁠reporting by Kate Abnett, Bart Meijer, Miranda Murray, Essi Lehto, Gianluca Lo Nostro, ​Gergely Szakacs, Andreas ‌Rinke, Olena Harmash, Julia Payne; Writing by ⁠Andrew Gray and ​Ingrid Melander; Editing by Stephen Coates ​and Timothy Heritage)

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