EU eyes approval for €90B Ukraine loan on Wednesday - politico.eu
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EU seeking to unlock £78bn loan to Ukraine following Viktor Orban election defeat.
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Viktor Orban's election defeat in Hungary has opened the door to a £78bn loan from the European Union to Ukraine.The EU's foreign policy chief, Kaja Kallas, expressed confidence on Tuesday that member states would reach "positive decisions" on the Ukraine package when ambassadors convene in Luxembourg on Wednesday.Ms Kallas told journalists as EU foreign ministers assembled for discussions: "Ukraine really needs this loan and it's also a sign that Russia cannot outlast Ukraine.
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This is extremely important at this moment."The Cypriot presidency of the Council of the EU has placed the Ukrainian funding on Wednesday's agenda for the bloc's 27 ambassadors, signalling growing optimism that the long-delayed package will finally receive approval.
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TRENDING Stories Videos Your Say Should the loan gain approval this week, Kyiv could receive the funds as early as May, following technical verification by the European Commission.Hungary's caretaker prime minister, Viktor Orbán, announced on Sunday...
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EU eyes approval for €90B Ukraine loan on Wednesday - politico.eu.
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EU eyes approval for €90B Ukraine loan on Wednesday
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