Ukraine Deal: EU Leaders Agree €90bn Loan, But Without Use of Frozen Russian Assets - 19/12/2025
EU leaders have pledged a €90bn loan for Ukraine to meet urgent financial needs, but failed to agree on the preferred option for securing that loan against Russia’s frozen assets in the bloc.After talks ended in the early hours of Friday, the president of the European Council, António Costa, told reporters: “We committed and we delivered.” He said EU leaders had approved a decision to make a €90bn loan to Ukraine for the next two years backed by the EU budget, which Kyiv would repay only once Russia pays reparations.EU leaders entered the summit on Thursday with many wanting to secure the…
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