September 20, 2024 5:31 PM
EU to provide Ukraine with loan worth up to 35 bln euros, von der Leyen says
The EU will grant a loan of up to 35 billion euros ($39 billion)to Ukraine to help the country stuck in a grinding war with Russia, EU Commission President Ursula von der Leyen announced on Friday. The loan, which was announced while the bloc's Commission chief was on a visit to Kyiv, is part of a wider plan among G7 nations to raise funds using proceeds from Russian assets frozen to sanction the country for invading its neighbour. "Relentless Russian attacks means Ukraine needs continued EU s...