
Brussels – Details have been released regarding a 90 billion euro loan to Ukraine from the EU.
The agreement for the two-year loan was established during the EU leaders’ summit in December. Member states are set to collectively fund the loan, although Hungary, the Czech Republic, and Slovakia have opted out.
“We all want peace for Ukraine, and to achieve this, Ukraine must be in a position of strength,” stated Commission President Ursula von der Leyen at a press conference.
The initial disbursements are anticipated to occur as early as April, assuming the decision-making process among member states and in the European Parliament proceeds smoothly.
A crucial issue has been whether Ukraine can use the EU loan to purchase weapons from non-EU countries. The answer is affirmative, but only if those specific weapons cannot be procured more swiftly from other sources.
Ukraine will begin repaying the loan only after it has received war reparations from Russia for the damages incurred.
(14 January)













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