The International Monetary Fund (IMF) welcomed the European Union’s decision to lend €90 billion ($105 billion) to Ukraine over the next two years, calling it a key step toward closing financing gaps and restoring debt sustainability. The EU opted to borrow funds for this loan rather than use frozen Russian assets, providing crucial support to […]
European Union leaders have agreed to provide Ukraine with a €90 billion loan to support its military and economic needs over the next two years, following intense negotiations at a summit in Brussels. The funding will be backed by the EU’s common budget after member states failed to reach consensus on using frozen Russian assets. […]

