
EU Approves €90 Billion Ukraine Loan After Blockade Ends
European Union member states have approved a crucial €90 billion loan package for Ukraine. This decision came after a previous blockade, reportedly by Hungary, was resolved, allowing the much-needed financial assistance to be released.
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The AP Interview: Cyprus president says EU needs a clear playbook on helping members under attack - AP News
The AP Interview: Cyprus president says EU needs a clear playbook on helping members under attack AP News
Read full article →EU decides on key €90bn Ukraine loan after pipeline deadlock ends
The funding was agreed last December, but it has been held up in a row over Russian oil supplies to Hungary.
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Member states meet this morning to discuss loan after longstanding disagreement between Kyiv and outgoing Hungarian PM Viktor Orbán For what it’s worth, AFP is reporting a senior Kyiv official as telling the agency that Ukraine will restart the oil flows through the Druzhba pipeline “within a few hours.” Let’s see if the EU’s decision can be made before then, or if Hungary will hold out until the oil is actually flowing. Continue reading...
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