In a significant financial move, the European Union (EU) has announced it will provide Ukraine with a €90 billion interest-free loan for the years 2026 to 2027. This funding is intended to support Ukraine"s military and budgetary needs amid ongoing conflict.
The funds will be raised through joint EU borrowing, which will be backed by the bloc"s budget. Ukraine will be required to repay the loan only if Russia pays war reparations. In the absence of such reparations, it is proposed that frozen Russian assets may be utilized for repayment in the future.
This decision reflects the EU"s ongoing commitment to assist Ukraine during its conflict with Russia. For more on related developments, see our coverage of recent developments in international military actions.
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