Ukraine seeks 104 billion dollar loan agreement with EU
President Zelenskiy submitted a draft law to ratify a loan agreement with the EU. The framework allows Ukraine to attract 90 billion euros in total funds.
President Volodymyr Zelenskiy submitted a draft law to Ukraine's parliament on Thursday to ratify a loan agreement with the European Union. The framework seeks to secure a maximum of 90 billion euros ($104 billion) in total funding for the nation. This capital injection represents a critical pillar for the country's fiscal stability through 2026.
### Framework for Long-Term Financing The draft law and its accompanying explanatory note detail the mechanism for attracting the 90 billion euro package. Based on the EUR/USD exchange rate of 0.8619, the total facility is valued at approximately $104 billion. This legislative step is required to formalize the pact and begin the drawdown of funds.
