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Saturday, December 20, 2025
B1 Intermediate ⚡ Cached
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EU Leaders Agree Big Loan for Ukraine

European Union leaders have agreed on a big loan for Ukraine. The loan is worth €90 billion. It will help Ukraine's army and its money needs. This agreement came after long talks. It shows that the EU strongly supports Ukraine. However, they decided not to use frozen Russian money directly. This pleased some countries but worried others.

The €90 billion will be given to Ukraine in 2026 and 2027. The EU will borrow this money from markets. All EU countries will share the cost. This money will cover about two-thirds of Ukraine's needs. The loan must be paid back when Russia pays for damages in Ukraine. Ukrainian Prime Minister Yuliya Svyrydenko said it was "a decisive step." EU chief António Costa said, "We committed, we delivered."

Some countries did not want to use frozen Russian money directly. Belgium has a lot of this money. They thought about legal problems and Russia's reaction. Russia has already started legal action. They see using their money as theft. The EU's delay helps avoid these problems for now.

The talks were very long. Some say they lasted many hours. Leaders had to find a balance. Using Russian money was a difficult idea. The loan is a more practical solution. It means complicated talks about Russian money are delayed. This is good for Belgium.

The €90 billion loan will help Ukraine. However, the question of Russian money is still there. The EU showed unity. But the problems of money, politics, and the war are not solved. Ukraine needs continued support. The decision about Russian money will be important later.

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