European Union leaders have agreed to provide 90 billion euros in funding to support Ukraine’s defence against Russia over the next two years, bypassing plans to use frozen Russian assets. The EU will provide the money through a loan backed by its budget, while the European Commission will continue exploring a reparations loan based on […]
Russian assets frozen
Zelenskyy hails EU €90bn loan for Ukraine
Ukrainian President Volodymyr Zelenskyy praised the EU’s €90 billion loan on Friday, calling it a “major boost” for Kyiv. He said the funding would help cover Ukraine’s looming budget shortfalls and strengthen the country’s defence capabilities. The president described the support as crucial for sustaining both military and economic resilience. Read more: Ukraine’s Zelenskyy on elections: ‘Pressure […]