EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto
Headline from Anchorage Daily News, on the newest of 2 developments
The decision comes after Russian oil began flowing again to Hungary and Slovakia through a key pipeline. The EU also approved new sanctions against Russia over its war on Ukraine.
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European Union envoys are close to approving a 90 billion euro ($106 billion) loan package to support Ukraine’s military and financial needs for the next two years.
BRUSSELS (AP) — The European Union on Wednesday was on the cusp of approving a massive loan for Ukraine as oil began flowing again through a key pipeline toward Hungary and Slovakia, lifting a major o
The European Union formally approved on Thursday a 90-billion-euro ($105-billion) loan to Ukraine and new sanctions against Russia, ahead of an informal summit of the bloc's leaders in Cyprus which Ukrainian President Volodymyr Zelenskiy will attend.
The decision comes after Russian oil began flowing again to Hungary and Slovakia through a key pipeline. The EU also approved new sanctions against Russia over its war on Ukraine.
The EU also approved a new raft of sanctions against Russia over its war on Ukraine. The measures were prepared early this year and had been set to be announced in February to mark the fourth anniversary of the conflict, but Hungary and Slovakia opposed the move.
