
Ukraine's financial lifeline: EU pledges €90bn loan to Zelenskyy
Ukraine’s war machine is in danger of stalling without more cash.
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Today, after fractious talks, it was thrown a lifeline. The EU has approved €90 billion to Ukraine for the next two years.
'Perfect is the enemy of the good', Ukraine's deputy foreign minister said as European leaders, burning the midnight oil, finally came to a compromise.
But the deal will not be funded by frozen Russian assets, which President Zelenskyy had hoped for, as EU leaders failed to agree.
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[Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe]
Today, after fractious talks, it was thrown a lifeline. The EU has approved €90 billion to Ukraine for the next two years.
'Perfect is the enemy of the good', Ukraine's deputy foreign minister said as European leaders, burning the midnight oil, finally came to a compromise.
But the deal will not be funded by frozen Russian assets, which President Zelenskyy had hoped for, as EU leaders failed to agree.
-------
Get more news at our site - https://www.channel4.com/news/
Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe
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