The European Union plans to provide a new loan of up to €40 billion to Ukraine by the end of 2024, regardless of US participation, after the G7-approved plan for a US$50 billion loan using frozen Russian assets ran into problems.

The European Union is preparing to provide Ukraine with up to €40 billion in new loans by the end of the year, regardless of U.S. involvement, after a G7 plan to use frozen Russian assets to aid Kyiv fell through.

According to the newspaper, the management The EU is concerned that Hungary may prevent the bloc from providing the guarantees that Washington demands from Brussels. Therefore, the authorities are working on a new plan that will require the support of the majority of

The EU is preparing to gather up to 40 billion euros ($44.5 billion) in loans for Ukraine as Budapest keeps disrupting plans on a joint loan with the U.S., the Financial Times reported on Sept. 16, citing sources and a draft proposal.

The European Commission has presented three options to renew sanctions on Russia's central bank assets to secure a $50 billion G7 loan for Ukraine. The options include different durations and conditions for freezing assets,

The EU is preparing to provide Ukraine with new loans worth up to €40 billion by the end of the year, regardless of the participation of the US, writes the Financial Times. According to a draft legal proposal seen by the FT, the EU will provide Ukraine with an unspecified number of billions in loans until the end of 2024.

The EU is preparing to provide up to €40bn in new loans for Ukraine by the end of the year regardless of US participation, after a G7 plan to use frozen Russian assets to aid Ky

The European Union is preparing to provide up to €40 billion to Ukraine by the end of 2024 without the involvement of the United States. Source: Financial Times Details: After the failure of the G7 plan to use frozen Russian assets,