In a letter, sent on Nov. 27 and seen by the Kyiv Independent, Belgian Prime Minister Bart de Wever labelled the EU’s “reparations loan” scheme as “fundamentally wrong,” and argued that moving forward on the initiative could complicate an eventual peace deal. – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based […]
Tag: loan
Ukraine’s deputy PM on EU membership by 2028, Russian assets loan
Gathering journalists in a picturesque coworking space in downtown Kyiv, Deputy Prime Minister Taras Kachka had two things to talk about — Ukraine’s EU accession roadblocked by Hungary, and the Russian frozen assets that Kyiv hopes will cover its staggering budgetary deficit. Results in both remain up in – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the […]
EU leaders delay Ukraine loan using Russian assets, task commission with working out legal route
BRUSSELS, Belgium — At a fraught EU summit on funding for Kyiv, leaders asked the European Commission to draw up legal options for a reparations loan backed by Russia’s frozen assets, with a final proposal expected by the end of the year. The news follows weeks of – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com […]
Exclusive: Ukraine pushes for flexibility in using Russian-frozen-asset loan to buy US weapons if needed
When Deputy Head of Ukraine’s Presidential Office Iryna Mudra suggested to European partners in 2022 that Russia’s frozen assets be used to compensate Ukraine, she says she was met with little enthusiasm. But over the last month, European leaders have begun voicing support for a potential – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This […]
Merz calls on EU to use frozen Russian assets for Ukraine defense loan
German Chancellor Friedrich Merz called on the EU to use frozen Russian assets to provide Ukraine with a $160 billion loan, saying he is “advocating the mobilization of financial resources on a scale that will secure Ukraine’s military resilience for several years.” – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based […]
UK to provide $2.8 billion loan to Ukraine backed by frozen Russian assets
The United Kingdom signed an agreement with Kyiv on March 1 to provide Ukraine with a loan worth 2.26 billion pounds ($2.84 billion) backed by frozen Russian assets. The loan, which is part of the Group of Seven’s (G7) Extraordinary Revenue Acceleration (ERA) credit initiative, was signed amid President Volodymyr Zelensky’s visit to London to […]
Canada disbursing 1st tranche of its G7 loan contribution for Ukraine
Canada is disbursing the first installment of 5 billion Canadian dollars ($3.5 billion) it contributed to the G7’s $50 billion loan for Ukraine, Canadian Prime Minister Justin Trudeau announced on Feb. 24. The G7 loan, shouldered mainly by the U.S. and the EU, will be repaid by proceeds from roughly $300 billion in Russian assets […]