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EU says Ukraine to spend bulk of 90-bn-euro loan on military needs
BRUSSELS: Two-thirds of a vital 90 billion euros ($105 billion) EU loan for Ukraine will go to cover Kyiv’s military apparatus with the rest earmarked for general budget support, Brussels said Wednesday. Agreed by EU member states in December after months of diplomatic wrangling, the loan offers cash-strapped Ukraine a desperately needed lifeline as Russia’s invasion of its neighbor grinds toward its fifth year. The European Commission said it was pushing for Kyiv to receive the first disbursement in April, as it provided details of the facility at a press conference in Brussels.
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theguardian.com
Ukraine able to buy weapons from non-European suppliers with €90bn EU loan
Loan will be repaid only if Moscow pays reparations and plan to use Russia’s frozen assets still on table
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lemonde.fr
EU says Ukraine will spend most of €90 billion loan on military needs
Commission President Ursula von der Leyen said that two-thirds of the €90 billion EU loan to Ukraine will be spent on EU-made weapons, and that Kyiv would only need to reimburse…
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arabnews.com
EU says Ukraine to spend bulk of 90-bn-euro loan on military needs
BRUSSELS: Two-thirds of a vital 90 billion euros ($105 billion) EU loan for Ukraine will go to cover Kyiv’s military apparatus with the rest earmarked for general budget support,…