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EU APPROVES UKRAINE LOAN
Orissa POST
|April 24, 2026
LOAN TO COVER TWO-THIRDS OF UKRAINE'S NEEDS FOR NEXT TWO YEARS
The European Union formally approved Thursday a 90-billion-euro ($105-billion) loan to Ukraine and new sanetions against Russia, ahead of an informal summit of the bloc’s leaders in Cyprus which Ukrainian President Volodymyr Zelenskiy will attend.
The loan is set to cover twothirds of Ukraine’s needs for the next two years. Economists had said Ukraine would start to run out of money by June if the EU loan was not disbursed by then, requiring deep cuts to public services.
This story is from the April 24, 2026 edition of Orissa POST.
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