EU unveils €90B Ukraine loan to fuel war effort
TL;DR Summary
The European Commission proposed a €90 billion, two-year, interest-free loan to Ukraine to stave off financial collapse as it fights Russia, with about one-third for normal budgets and the rest for defense; it would be financed by EU joint debt, allow Ukraine to buy foreign weapons if needed with EU defense firms favored, and tie repayments to post-war reparations or frozen Russian assets, though several member states balk at participation; disbursements could start in April to unlock IMF support as U.S. aid wanes.
- Brussels unveils plan to fill up Ukraine’s war chest with billions to spend on weapons politico.eu
- Ukraine able to buy weapons from non-European suppliers with €90bn EU loan The Guardian
- EU targets Ukraine's military needs with massive new loan program plus billions in budget support AP News
- European Defense Companies in Line to Benefit From Bulk of EU’s $105 Billion Ukraine Loan The Wall Street Journal
- France pushes to block Ukraine from buying US weapons The Telegraph
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