Ukraine moves to approve EU loanPublished on: May 28, 2026 7:36 PM
Pakistan, May 28 -- Ukraine's parliament is expected to vote on Thursday to ratify a major European Union loan worth 90 billion euros, aimed at easing the country's strained finances during the ongoing war with Russia. The vote marks a critical step in securing long-term financial stability and continued international support. The decision comes as Ukraine faces mounting fiscal pressure and rising defence spending needs.
The loan deal was previously blocked after Hungary maintained a veto, but the restriction was lifted last month by the new Hungarian government. Ukrainian President Volodymyr Zelenskyy has formally submitted the ratification documents, including a memorandum of understanding on macro-financial assistance signed last week...
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