Bangladesh, April 23 -- The European Union has formally approved a €90 billion ($105 billion) emergency loan package for Ukraine covering the 2026–2027 periods, while simultaneously adopting its 20th round of sanctions against Russia. The decisions, finalized on April 23, underscore the blocs continued commitment to supporting Kyiv financially and militarily, while intensifying economic pressure on Moscow amid the ongoing conflict.

The announcement was confirmed by Antonio Costa, President of the European Council, who emphasized that the dual-track approach-combining financial aid with punitive measures-forms part of a broader EU strategy to secure what he described as a “just and lasting peace in Ukraine.” In a p...