EU Plans $5 Billion Loan for Ukraine

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The European Union is set to provide a further $5 billion in emergency funding for Ukraine, but the bloc is still falling short of the assistance it pledged to provide to Kyiv in May.

On Wednesday, European Commission President Ursula von der Leyen said the EU’s executive body would propose a new loan for Ukraine of 5 billion euros, equivalent to $5 billion, saying that the “situation in Ukraine requires our full support.”







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