In the early hours of Friday 19 December, the heads of state or government of the European Union countries reached a unanimous agreement to grant Ukraine a loan of up to €90 billion from the EU budget to address its financial needs for 2026 and 2027.
Resources from the EU budget will be mobilised through enhanced cooperation (Article 20 TEU) so that Hungary, the Czech Republic and Slovakia do not suffer any financial impact.
“Ukraine will only start repaying this loan once Russia pays...