The European Parliament is expected to approve the loan this month, allowing it to be paid out next year.
Kyiv is desperate for funds as it seeks to prop up its economy, equip its military and keep its electricity grid functioning this winter after ferocious bombardments by Moscow’s forces.
The EU’s loan – which was signed off by a majority of ambassadors at a meeting in Brussels on Wednesday – is part of a bigger $50bn initiative agreed by G7 powers in June.
Subscribe our newsletter to stay updated
Thank you for subscribing!
Subscribe our newsletter to stay updated
Thank you for subscribing!
