European Parliament to Allocate 90 Billion Euros in Loans to Ukraine

European Parliament to Allocate 90 Billion Euros in Loans to Ukraine

Sona Osmanova · Siyasət ·

Members of the European Parliament will vote on a proposal for a 90 billion euro support loan to Ukraine, after deciding to use an urgent procedure. This decision is assessed as part of the European Union's efforts to ensure sustained financial support for Ukraine.

Redaksiya reports, citing Europarl, that members of the European Parliament will vote on a proposal for a 90 billion euro support loan to Ukraine at the upcoming plenary session. This decision was made based on the recommendations of the European Parliament's committees on budget, international trade, security, and defense.

This financial support aims to maintain Ukraine's economic stability during wartime and to support the country's recovery process. The proposed loan is being considered as part of the European Union's long-term support strategy for Ukraine. This step demonstrates the sustainability and strengthening of the European Union's support for Ukraine.