EU parliament approves 90-bn-euro loan for Ukraine amid US cuts

The EU parliament on Wednesday approved a 90-billion-euro loan for Ukraine, providing a financial lifeline to cash-strapped Kyiv four years into Russia’s invasion. Lawmakers voted by 458 to 140 in favor of the loan, intended to cover two-thirds of Ukraine’s financial needs for 2026 and 2027 and backed by the EU’s common budget — after plans to tap frozen Russian central bank assets fell by the wayside.

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