WeChat QR Code

Home>News Center

EU approves 90-bln-euro loan for Ukraine, 20th round of sanctions against Russia

2026-04-24 11:37:33       source:CGTN

April 24, 2026


European Council President Antonio Costa said on Thursday that the European Union (EU) has approved a 90-billion-euro ($105 billion) loan package for Ukraine, along with a 20th round of sanctions against Russia.


"The EU's strategy to achieve a just and lasting peace in Ukraine rests on two pillars: strengthening Ukraine; increasing pressure on Russia," he wrote on social media platform X.


According to a statement by the Council of the EU, the loan will cover Ukraine's most urgent budgetary and defense industrial capacity needs in 2026 and 2027 under a robust and conditional framework. Funding will be linked to strict conditions on Ukraine's side, such as adherence to the rule of law, including the fight against corruption.


Read more:

https://news.cgtn.com/news/2026-04-24/EU-approves-90-bln-euro-loan-for-Ukraine-sanctions-against-Russia-1MB32RiKFDq/p.html