European Parliament Approves €90 Billion Loan for Ukraine

European Parliament Approves €90 Billion Loan for Ukraine

Sevinc Kərimova · Siyasət ·

Members of the European Parliament have voted on three legislative acts for the provision of a €90 billion EU loan to Ukraine, which is facing an ongoing war initiated by Russia. This decision aims to continue financial support for Ukraine and ensure the country's economic resilience in wartime conditions.

Redaksiya reports, citing Europarl, that the decision was made as a result of joint discussions by the committees on foreign affairs, budget, international trade, and security and defense. The joint efforts of these committees were aimed at creating the necessary legislative framework to provide financial support to Ukraine.

This decision once again demonstrates the importance of the European Union's support for Ukraine. The €90 billion loan is intended to support Ukraine's economy in wartime, continue social services, and restore the country's infrastructure. The European Parliament's decision aims to support Ukraine's sovereignty and territorial integrity, as well as to help Ukraine in its fight against Russia. This financial support is of great importance for Ukraine's future and will contribute to the country's post-war recovery process.