The EU ambassadors agreed to provide Ukraine with a loan in the amount of 35 billion euros.
This loan will be repaid using profits from frozen Russian assets. Radio Liberty journalist Rikard Jozwiak reported this on Twitter on October 9.
EU ambassadors have only agreed on a €35 billion aid package for Ukraine for 2025, the report said.
According to the correspondent, European ambassadors were unable to agree on an extension of sanctions against the assets of the Central Bank of Russia for 36 months instead of six months. Hungary opposed this decision.
As is known, the decision to extend sanctions against the Central Bank of Russia for 36 months is a condition for allocating a loan to Ukraine in the amount of $50 billion, which the G7 members pledged to provide. This is exactly the condition that was put forward in the United States of America.
The Americans thus want to be sure that European sanctions against Russian assets will remain in effect until reparations are paid to Ukraine by the aggressor country.
Let us recall that on September 20, the head of the European Commission, Ursula von der Leyen, said that the European Commission would provide Ukraine with a loan of 35 billion euros, and Kyiv would receive a loan as part of the G7 obligations.
President Vladimir Zelensky then informed that the authorities would spend this money on energy infrastructure and on its protection. The construction of bomb shelters for children in schools, kindergartens, and universities will also be financed. Part of the funds will be spent on weapons, but, above all, domestic production.
Source: Rikard Jozwiak on Twitter
Source: Racurs
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