EU's €90 Billion Ukraine Aid and the Ongoing Russia-Ukraine Conflict
The EU has agreed to raise €90 billion through joint borrowing to support Ukraine's military and budget needs, with funds to be repaid only after Russia pays reparations, and with some countries exempted from vetoes and costs. The plan involves issuing bonds on the markets, with interest costs shared among member states, and includes conditions related to anti-corruption and defense industry criteria.