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EU formally approves €90bn Ukraine loan and 20th sanctions package against Russia

EU formally approves €90bn Ukraine loan and 20th sanctions package against Russia

Ursula von der Leyen hails ‘good news’ after Hungary’s lifting of vetoes allows leaders to sign off on agreements

Speaking later, von der Leyen said she thought it would be possible to disburse the first tranche of the €45bn funding planned for 2026 in this quarter, meaning by the end of June. The first payment, she indicated, would fund Ukraine’s domestic drone production – “drones from Ukraine for Ukraine”.

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