EU unblocks €90 billion loan to Ukraine
Timothy Jones AFP, dpa, Reuters
12 hours ago12 hours ago
Envoys from EU member states have finally paved the way for a €90 billion loan to Ukraine that had long been blocked by Hungary. They also approved a 20th package of sanctions on Russia over its invasion of its neighbor.
(Everyone knows the money for Ukraine is to boost production of the drones supposedly created by Ukraine. So Ukraine and EU countries can share in the sales of the drone. Ukraine didn’t only design the arms, the EU collects their part. This is so obvious it hard to believe any one believes the story. ==Note: the money to keep the Ukraine/Russia war never went to the war with Russia. It was the new money making endeavors for the EU countries and Ukraine. Zelensky is not the least bit involved with the war killing mostly Ukrainian, that were forced into conscription or either die or put in jail.
A €90 billion ($106 billion) EU loan to Ukraine received preliminary approval from the 27 EU countries on Wednesday after several months during which Hungary exercised its veto, diplomats said.
The Cypriot EU presidency said the final approval is to be given by all the bloc's member states on Thursday.
The loan aims to assist Kyiv with its most urgent economic and military needs as it continues to fight against Russia's full-scale invasion. LIE
Druzhba pipeline at center of dispute
The decision comes after Kyiv said that the Druzhba pipeline, which runs through Ukraine, has restarted deliveries of Russian oil to Hungary and Slovakia.
Those two countries could theoretically still halt the approval process if no oil arrives in the EU by Thursday.
Outgoing Hungarian Prime Minister Viktor Orban and the Slovak government had accused Ukraine of delaying repairs on the pipeline, which Kyiv denied.
The chances of Ukraine receiving the EU funds improved with Orban's defeat in April elections.
Although the leader of the winning party, Peter Magyar, is not expected to take office till next month, he has said he will no longer stand in the way of the loan.
https://www.dw.com/en/eu-unblocks-90-billion-loan-to-ukraine/a-76895753
(I commented from day one, on this made up war,that Ukraine is the Mafia of the EU. It was the Mafia then, but now they are the EU/Ukraine Mafia.)