NAnews – Nikk.Agency Israel News

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European Union leaders have agreed to provide Ukraine with a loan of 90 billion euros. The decision was made amid prolonged disagreements over the use of frozen Russian assets, for which no compromise was found.

The financial package was the result of lengthy negotiations in Brussels, lasting more than a day. Economic and military support for Ukraine is designated as an EU priority for the next two years.

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What the agreement includes

European Council President Antonio Costa announced on social network X that agreements have been reached and commitments will be fulfilled. According to him, the loan will be secured from the joint budget of the European Union.

This decision allows the support mechanism to be launched without revising the legal framework and without risking the financial stability of member states.

Why the assets remain frozen

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Ukrainian President Volodymyr Zelensky previously called for about 200 billion euros of frozen Russian assets to be directed to the country’s needs. However, the key role of Belgium, where a significant portion of these funds is concentrated, became a restraining factor.

Brussels demanded clear legal guarantees for the distribution of responsibility, fearing possible legal and financial consequences. These concerns were shared by other EU states.

Bet on a managed solution

Belgian Prime Minister Alexander De Croo emphasized that the European Union deliberately avoided a scenario that could lead to “chaos and division.” Instead, funding was chosen through the mobilization of resources that do not affect the disputed assets.

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According to him, this approach allowed the Union to maintain unity and provide Ukraine with access to funds without political and legal risks.

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What this means for Ukraine

The agreement on the loan opens up additional opportunities for the Ukrainian economy amid the ongoing conflict. It concerns not only military support but also funding for recovery, social stability, and basic state functions.

Amid the unstable situation within the country, access to long-term financing becomes a critical factor for resilience.

Next steps

As Alexander De Croo noted, the decision on the loan itself is a signal of political support and the EU’s readiness to act. The negotiation process is complete, and now the key task is the implementation of the agreement and the launch of fund distribution mechanisms.

It is such decisions that form the real architecture of European support for Ukraine — without loud declarations, but with concrete figures and commitments, which remains the focus of editorial attention NAnews — News of Israel | Nikk.Agency.

NAnews - Nikk.Agency Israel News
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