EU approves 90 bn Ukraine loan

RT.com
23 Apr 2026, 18:18 GMT+10

The move follows Hungary lifting its veto, while the bloc also adopted new Russia sanctions

The European Union has formally approved a €90 billion ($105 billion) emergency loan for Ukraine for 2026-2027 and adopted its 20th package of sanctions against Russia, the bloc's presidency said on Thursday.

European Council President Antonio Costa said in a statement that increasing pressure on Russia was part of a strategy "to achieve a just and lasting peace in Ukraine."

EU ambassadors had approved the loan and sanctions package on Wednesday after Hungary lifted its veto, clearing the way for formal adoption.

DETAILS TO FOLLOW

(RT.com)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Baton Rouge Post.

More Information

Business

Section

Cheap stocks mask risks from Iran war and high energy costs

NEW YORK CITY, New York: U.S. stocks may look more attractive after recent gains, but rising oil prices linked to the Iran war are...

Oil-linked materials push up prices of clothes, toys, shoes

NEW YORK CITY, New York: The impact of the Iran war is spreading far beyond fuel prices, with rising oil costs now pushing up production...

Chinese EV makers push into luxury space, threaten global brands

BEIJING, China: Chinese automakers are stepping up their challenge to global luxury carmakers, unveiling a wave of premium vehicles...

Nasdaq Composite climbs 398 points on ceasefire extension

NEW YORK, New York - U.S. stock markets closed higher on Wednesday, with the major indexes posting solid gains after President Trump...

Meta logs keystrokes, mouse data from staff for AI training push

NEW YORK CITY, NEW YORK: Meta is rolling out internal tracking software that records how employees interact with their computers, as...

Fired Foreign Office head says PMO pressured him to approve Mandelson

LONDON, U.K.: Olly Robbins, the ex-civil servant who was fired from his job for approving Peter Mandelson's appointment as British...

World

Section