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Brussels – The details have now been presented for an EU loan totaling 90 billion euros to Ukraine.

Agreement on the two-year loan was reached at the EU leaders’ latest summit in December. The idea is that the member states will jointly provide the loan – even though the reluctant trio Hungary, the Czech Republic and Slovakia have been allowed to stand outside.

“We all want peace for Ukraine and to achieve that Ukraine must be in a position of strength,” states Commission President Ursula von der Leyen at a press conference.

The first disbursements are expected as early as April, if the accelerated decision-making process goes as it should among the member states and in the European Parliament.

A key question has been whether Ukraine will be able to use the EU loan to buy weapons also from countries outside the EU. The answer is yes – but only if those particular weapons cannot be obtained more quickly elsewhere.

Ukraine will only have to start repaying the loan once the country has received war reparations from Russia for the damage caused.

(14 January)