The change in Hungary’s government could help unlock €90bn for Ukraine and give a “new push” for it to join the European Union, the bloc’s expansion chief said Tuesday. Marta Kos, speaking on the sidelines of the IMF and World Bank spring meetings, described the Hungarian election on Sunday – which saw long-ruling nationalist prime minister Viktor Orbán defeated – as a “big win for Europe.”

“I expect, personally, that this will have a positive effect on the accession process,” Kos said. She also said it would help unlock a major loan needed to prop up Ukraine’s budget. Orban had an effective veto on the funds, angering other EU leaders. He had tied the veto to a dispute with Ukraine over a damaged pipeline carrying Russian oil.