EU agrees €90bn loan for Ukraine but without using Russian assets
Published: 12/19/2025

European Union leaders agree on a €90bn loan for Ukraine, foregoing the use of frozen Russian assets held in Belgium. The loan aims to meet Ukraine's military and economic needs for the next two years, providing essential support amid the ongoing conflict. Ukrainian President Zelensky expresses gratitude for the deal while emphasizing the importance of keeping Russian assets immobilized. The EU decision to extend the loan is seen as a united front against chaos, with Ukraine facing a cash crunch in the coming months.



