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Euronews
Euronews
Jorge Liboreiro

The EU plans to raise €90 billion in joint debt for Ukraine — here's how

Reparations loan is out, joint debt is in. That is the agreement that the 27 leaders of the European Union reached at their make-or-break summit this week.

With the reparations loan ruled out for good, the bloc turns to common borrowing to raise €90 billion to meet Ukraine's budgetary and military needs for the next two years.

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