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EU approves €90 billion loan for Ukraine and 20th sanctions package against Russia

EU approves €90 billion loan for Ukraine and 20th sanctions package against Russia

Brussels (Monitoring Desk) The European Union has officially approved a €90 billion loan for Ukraine along with its 20th sanctions package against Russia.

According to European officials, both decisions were initially blocked by some member states; however, after consensus was reached at the ambassadorial level, they were finalized through a written procedure.

The report said that no member state raised objections at the final stage, leading to unanimous approval of both the loan and sanctions packages.

Under the approved financial plan, the European Union will provide Ukraine a total of €45 billion during 2026 and 2027 for defence and budgetary needs, while the broader €90 billion loan will offer additional financial support.

EU leadership has described the decision as an important development in light of the regional situation.