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Your email address will not be published.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

China decries alleged US ‘persecution’ following prisoner swap

China has condemned the alleged “persecution” of its citizens by the United…

Israel strikes Syrian army positions near Aleppo: Monitor

Israel bombed Syrian army positions south of Aleppo on Thursday, the latest…

Israeli army critically wounds Palestinian toddler in occupied West Bank

After being shot by Israeli fire in the occupied West Bank, a…

Israeli spyware targeted scores of WhatsApp users: Meta

An official with Meta’s WhatsApp chat service said Israeli spyware company Paragon…