"Hungarian Prime Minister Viktor Orban claimed Ukraine faces 'strategic defeat' while speaking in Brussels on Friday, arguing that the EU's new €90 billion loan would not be enough to reverse Kiev's position on the battlefield. "I think Ukraine is in a strategic defeat, and this will manifest itself in an increasingly brutal. This cannot be avoided with 90 billion euros," Orban said. "We have now given 90 billion, which is not enough for the retreat that is currently happening at the front, where the Ukrainians are retreating, to continue. It is not enough for this to be reversed," he added. It comes after crunch talks between European leaders in Brussels saw them fail to agree on the flagship plan pushed by the European Commission to use frozen Russian assets for a €210 billion 'reparations loan' for Ukraine. The alternative - a smaller €90bn loan over two years backed by the EU budget - needed a unanimous decision, with Hungary, Slovakia and the Czech Republic only agreeing to approve it on the proviso that they did not have to contribute. On the failed Russian frozen assets proposal, Belgium’s PM Bart De Wever said: "When we explained the text again, there were so many questions that I said, 'I told you so, I told you so'. There are a lot of loose ends. And if you start pulling at the loose ends in the strings, the thing collapses." Belgium - where the assets are held - and others warned of the impact on investor confidence, the need for 'risk-sharing' if Russia won a subsequent lawsuit, and questioned the legality."