The move follows Hungary lifting its veto, while the bloc also adopted new Russia sanctions The European Union has formally approved a €90 billion ($105 billion) emergency loan for Ukraine for 2026–2027 and adopted its 20th package of sanctions against Russia, the bloc’s presidency said on Thursday.European Council President Antonio Costa said in a statement that increasing pressure on Russia was part of a strategy “to achieve a just and lasting peace in Ukraine.”EU ambassadors had approved the loan and sanctions package on Wednesday after Hungary lifted its veto, clearing the way for formal adoption.DETAILS TO FOLLOW