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EU Formally Approves 90 Billion Euros Ukraine Loan, 20th Package of Russia Sanctions

The package will help cover Ukraine’s budget gap and targets Russia’s energy, banking and trade sectors, officials said.

  • On Thursday, April 23, 2026, the European Union formally approved a €90 billion loan for Ukraine, ending a months-long deadlock that threatened the nation's financial stability.
  • Hungary and Slovakia dropped their objections after Ukraine repaired the damaged Druzhba pipeline, which carried Russian oil to the landlocked nation and had become a key political leverage point.
  • Ukrainian President Volodymyr Zelenskyy noted the funding provides financial stability over two years, enabling defense spending and social obligations. "It matters that Ukraine is securing this level of financial certainty," he added.
  • The European Union authorized the 20th round of sanctions targeting Russia's energy and banking sectors, including curbs on the so-called "shadow fleet" of ageing tankers used to circumvent oil restrictions.
  • This progress follows the recent parliamentary defeat of Hungarian Prime Minister Viktor Orban, who faced accusations of representing Russian interests during his sixteen-year tenure in power.
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Moscow criticizes Brussels over 90 billion euro loan to Ukraine

·Belgrade, Serbia
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Folha de S.Paulo broke the news in São Paulo, Brazil on Thursday, April 23, 2026.
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