The European Union (EU) has announced a loan of up to 35 billion euros ($39 billion) for Ukraine to defend the country against Russian attacks and help it get through the winter, a media report said on Saturday.

Reuters reported: “European Commission President Ursula von der Leyen announced a loan of up to 35 billion euros ($39 billion) for Ukraine during a visit to Kyiv on Friday, saying it was needed.”

Von der Leyen said Ukraine needed the 27-nation bloc’s continued support in the face of Russian attacks.

Source explained: “Standing beside her at a joint press conference, Zelenskiy said the loan would be used for energy, air defences and arms procurement”.

EU will be given a loan of $39 billion while Russia attacks on Ukraine.

Russia has knocked out about 9 gigawatts (GW) of Ukraine’s energy infrastructure, which von der Leyen said was the “power equivalent of the three Baltic states.”

Hz/nh

Views: 3