EU set to approve the 90 billion euro loan for Ukraine

EU foreign policy chief Kaja Kallas expects a decision on the 90 billion euro loan for Ukraine on Wednesday. The funds are vital for Kyiv's defense efforts.

Xurve View
Insights:

The European Union's foreign policy chief, Kaja Kallas, announced expectations for a breakthrough regarding a 90 billion euro ($105.94 billion) loan for Ukraine during a meeting of foreign ministers in Luxembourg. The financial support, which was initially agreed upon in December, has faced delays but is now anticipated to receive a positive decision this Wednesday.

European Union High Representative Kaja Kallas addresses the press following a diplomatic meeting in Kyiv. REUTERS/Gleb Garanich
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.