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The Guardian - UK
The Guardian - UK
World
Jennifer Rankin in Brussels

EU deal on Ukraine loan could boost UK if it agrees to help pay costs

European Union United Kingdom Ukraine Kyiv
A Ukrainian soldier loads a British-made L119 howitzer at an undisclosed location in Ukraine.
A Ukrainian soldier loads a British-made L119 howitzer at an undisclosed location in Ukraine. Photograph: Scott Peterson/Getty Images

The UK could reap greater benefits from a €90bn (£78bn) EU loan for Ukraine, if it agrees to help pay the cost of borrowing, after European countries signed off long-awaited financial aid for Kyiv.

British firms could have greater opportunities to supply defence equipment to Ukraine funded by the loan if the government agrees a “fair” contribution towards EU borrowing costs.

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