First Tranche Under EU’s €90bn Loan to Ukraine Unlikely Before June
10 Articles
10 Articles
High Representative warned that the loan was not enough and called for the release of 6.6 billion from the European Peace Support Mechanism, vetoed by Hungary since 2024.
Ukraine will receive the first disbursement of the EUR 90 billion loan already in June, announced Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy.
In June, the European Union will transfer to Ukraine the first tranche of a new loan package worth 90 billion euros, which will be used to purchase drones for the Ukrainian army.
The first tranche of the European loan of 90 billion for Ukraine will be for drones, announced today the Head of Diplomacy of the European Union (EU), Kaja Kallas, who indicated that it will be disbursed in June.
The first tranche of the 90 billion euro EU loan released in April could start being disbursed to Ukraine within a month, a significant portion of which will be used to strengthen military capabilities. Hungary is excluded from the support originally designated as a reparations loan, but the government led by the former prime minister began to block the disbursement of the amount through technical means after the agreement. EU High Representativ…
Kaja Kallas, the High Representative of the European Union for Foreign Affairs and Security Policy, spoke in Brussels about Ukrainian support.
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