Categories: Estero

EU agrees €90bn loan for Ukraine but without using Russian assets | BBC News


European Union leaders have struck a deal to give Ukraine a €90bn (£79bn; $105bn) loan after failing to agree on using frozen Russian assets.

The agreement, which leaders said would meet Ukraine’s military and economic needs for the next two years, came after more than a day of talks at a summit in Brussels.

"We committed, we delivered," EU chief Antonio Costa wrote on X as he announced the deal to provide a loan backed by the bloc’s common budget.

Ukrainian President Volodymyr Zelensky said the support "truly strengthens our resilience", adding that Russian assets should remain "immobilised".

Meanwhile, Russian envoy Kirill Dmitriev said the decision not to use frozen Russian assets is a "major blow to EU warmongers" and adds "law and sanity win… for now".

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