Two-thirds of a vital $105 billion (90 billion euros) EU loan for Ukraine will go to cover Kiev’s military apparatus, with the rest earmarked for general budget support, Brussels said on 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 war on its neighbour grinds towards its fifth year. “With this support, we make sure that Ukraine can, on one hand, bolster its defence on the battlefield and strengthen its defence capabilities, so its military needs, and on the other hand, keep the state and basic services running,” EU chief Ursula von der Leyen told reporters.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Missing Australian fisherman’s body found in crocodile

The remains of an Australian man who vanished while fishing with friends…

Civilians killed in Israeli strikes on southern Lebanon

Lebanese state media said that at least four people had been killed…

Eighteen migrants found dead in Bulgaria

At least 18 people were found dead in Bulgaria in an abandoned…

Abbas urges US to prevent Israeli assault on Rafah

Palestinian President Mahmoud Abbas has issued an appeal to the US, calling…