London CNN —
The European Union will lend Ukraine up to €35 billion ($39 billion), providing the lion’s share of a $50 billion loan agreed by G7 nations earlier this year.
European Commission President Ursula von der Leyen announced the loan Friday in a post on X as part of her visit to Kyiv. “Relentless Russian attacks means Ukraine needs continued EU support,” she wrote, adding that the loan was part of “the G7 pledge.”
“We are now confident that we can deliver this loan to Ukraine very quickly,” she later said at a press
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