By RT International
Ukraine’s Vladimir Zelensky has demanded that the EU approve a €90 billion ($106 billion) loan backed by the bloc’s taxpayers that has been vetoed by Hungary.
Provisionally agreed upon last December, the plan envisages an interest-free loan to Ukraine for 2026-2027, with €60 billion earmarked for military needs and €30 billion for “general budget support.” It would be covered through joint EU borrowing and only repaid if Ukraine receives war reparations from Russia.
Hungary, Slovakia, and the Czech Republic opted out of contributing to the loan, which is estimated to result in up to €5.6 billion in annual interest payments for member states…
READ FULL ARTICLE HERE… (rt.com)
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