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HomeBreaking NewsEU ambassadors supported lending to Kyiv with proceeds from Russian assets

EU ambassadors supported lending to Kyiv with proceeds from Russian assets

The ambassadors of the European Union (EU) agreed on a mechanism to provide a loan of 35 billion euros to kyiv in exchange for the proceeds of Russia’s frozen assets, and in the EU Council the written procedure for the approval of this line of credit. .

Oku.AzAccording to information, the Hungarian EU Council Presidency reported this.

It must be approved by the European Parliament to complete the written procedure in the EU Council and receive final approval for this loan.

The €35 billion loan will form part of a total €45 billion credit line.

In addition, the procedure has begun for the approval of two documents that complete the main sanctions mechanisms against Russia.

Source

Jeffrey Roundtree
Jeffrey Roundtree
I am a professional article writer and a proud father of three daughters and five sons. My passion for the internet fuels my deep interest in publishing engaging articles that resonate with readers everywhere.
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