EU Approves €90 Billion Loan to Ukraine and New Sanctions on Russia
The European Union has approved a €90 billion loan package for Ukraine alongside a 20th sanctions package targeting Russia.This decision was made unanimously by EU member states on 23 April 2026, following the lifting of a veto by Hungary.The loan is intended to be disbursed over two years, with the first payments expected by June at the latest.Approximately €60 billion of the loan is allocated for military support, while the remaining €30 billion is designated to help stabilize Ukraine's budget.Ukraine's President Volodymyr Zelensky stated that the funds will strengthen the Ukrainian army, enhance resilience, and support social obligations.The loan will... [Continue Reading]
360LiveNews | 23 Apr 2026 18:31 LONDON
