Europe to lend $105bn to Ukraine, without touching Russian assets
European leaders have agreed to provide Ukraine with a €90 billion loan over two years, backed by the EU budget. This decision comes after a plan to use frozen Russian state assets as collateral was abandoned at the last minute. While potentially more costly, the loan ensures vital financial support for Ukraine's resilience.
European leaders have agreed to provide Ukraine with a €90 billion loan over two years, backed by the EU budget. This decision comes after a plan to use frozen Russian state assets as collateral was abandoned at the last minute. While potentially more costly, the loan ensures vital financial support for Ukraine's resilience.
