EU launches final procedure for €90 billion loan to Ukraine - report
Kyiv • UNN
EU permanent representatives will consider the last technical amendment for the launch of the loan to Ukraine. The issue has been put on the agenda without discussion due to the agreement of the states.
The European Union has taken a decisive step towards transferring financial aid of 90 billion euros to Ukraine, DW reports, writes UNN.
Details
This issue, as reported, has been included in the agenda of the meeting of the Committee of Permanent Representatives of the EU countries on April 22. It concerns the approval of an amendment to the EU's multiannual budget – the last technical element necessary to launch the loan for Ukraine, as announced on Monday, April 20, by the representative of Cyprus, which holds the presidency of the EU Council.
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The item, as indicated, was included in the agenda of the meeting of permanent representatives without discussion. This usually means prior agreement between the EU states. If approved, the document will be adopted by written procedure, which will pave the way for its final approval.
The 90 billion euro loan for Ukraine, which has been resisting Russia's full-scale military aggression for the fifth year, remained blocked by the outgoing Hungarian government for a long time. The submission of the last legal element for approval indicates significant progress in the process, the publication writes.
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