Saturday, September 21, 2024

EU pledges to loan Ukraine up to $57 billion to help rebuild its economy and power grid

 




The EU will loan Ukraine up to $US57 billion as part of a loan package organised by the G7.

Interest earned on profits from Russia’s frozen central bank assets would be used as collateral.

The EU has already provided Ukraine with more than $US194 billion in military and economic assistance.  

This loan will flow straight into Ukraine’s national budget.

 


No comments:

Post a Comment