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Euronews
Euronews
Jorge Liboreiro

EU countries seal deal on €90 billion loan for Ukraine, funded through joint debt

European Union countries have reached a deal to issue a €90 billion loan to meet Ukraine's financial and military needs for 2026 and 2027, with Brussels aiming to make the first payment in early April to spare Kyiv from a sudden drop-off in foreign aid.

The agreement on the legal texts was struck by ambassadors on Wednesday afternoon after Cyprus, the holder of the Council's rotating presidency, tabled a new version.

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