EU approves 90 billion euro loan for Ukraine and new sanctions on Russia

The European Union has approved a 90-billion-euro ($105 billion) loan for Ukraine and imposed a new round of sanctions on Russia, following the resolution of a dispute with Hungary and Slovakia over oil flow issues. Ukrainian President Volodymyr Zelenskyy welcomed the funding, emphasizing its importance for Ukraine’s defense and financial stability. The sanctions target Russia’s energy, banking, and trade sectors, marking the 20th set since the invasion began in 2022.

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