EU News Today: Historic €90 Billion Loan to Ukraine Unveiled on Dec 19

On December 19, the European Union announced a groundbreaking €90 billion interest-free loan to Ukraine. This financial aid, known as the EU Ukraine loan, aims to support Ukraine’s reconstruction amidst the ongoing conflict with Russia. The decision marks a significant step in EU’s international political strategy, despite internal debates over frozen Russian assets. As the initiative unfolds, it highlights the EU’s commitment to stabilizing Ukraine’s economy and infrastructure.