All articles tagged with #eu loan
Russian missile strikes near Odesa kill seven and injure 15, amid ongoing conflict and Ukraine's efforts to secure financial and territorial resilience, including a €90bn EU loan. US intelligence suggests Putin aims to reclaim Ukraine and parts of Europe, contradicting claims of a desire to end the war, as international talks in Miami seek a peace plan.
Ukrainian President Zelenskyy met with Polish President Nawrocki in Warsaw to strengthen regional security cooperation amid ongoing tensions with Russia. The EU approved a €90 billion loan to Ukraine, funded from the EU budget despite opposition from some member states and Russia's disapproval of using frozen Russian assets. Ukraine claimed to have struck a Russian 'shadow fleet' tanker in the Mediterranean, marking a significant military operation. Russia's Putin expressed skepticism about Ukraine's readiness for peace talks, while also criticizing the EU's decision to fund Ukraine's war effort from frozen Russian assets. The situation remains tense with ongoing military and diplomatic developments.
Hungary has agreed not to block a significant EU-backed interest-free loan to Ukraine, with conditions excluding Hungary, Slovakia, and the Czech Republic from debt guarantees. The EU considered using frozen Russian assets to fund Ukraine but faced complexities and political challenges, leading to a traditional loan agreement. Meanwhile, tensions persist with Russia, including cyber-attacks attributed to Moscow, and ongoing military strikes near Odesa. The US and UK continue to support Ukraine through diplomatic efforts and sanctions against Russian entities.
EU leaders agreed on a €90bn loan to Ukraine funded by the EU budget, without using Russia's frozen assets as collateral, amid disagreements over guarantees and reparations, aiming to support Ukraine's urgent financial needs in its conflict with Russia.
Ukraine is requesting more flexibility in how it spends a €140 billion loan from Russia, which is part of a financial aid package. The article also discusses subscription offers for Financial Times journalism, but the main focus is on Ukraine's appeal for flexible use of the loan funds.