EU Approves 90 Billion Euro Loan to Ukraine Using Frozen Russian Assets

The European Union has approved a 90 billion euro loan to Ukraine for 2026-2027, funded through EU borrowing backed by frozen Russian assets. Hungary initially blocked the loan but may now participate after Prime Minister Viktor Orban's election loss. Ukraine will not repay the loan directly but will rely on future Russian war reparations.

By Reuters Wed, April 22, 2026 at 4:31 PM GMT+3 2 min read · Yahoo Finance ·

EU Approves 90 Billion Euro Loan to Ukraine Using Frozen Russian Assets

Topics: EU loan to Ukraine frozen Russian assets Russia-Ukraine conflict Ukraine defense funding

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