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EU Approves €90bn Loan for Ukraine, Unveils New Sanctions on Russia

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The European Union has officially signed off on a €90 billion loan for Ukraine, alongside a fresh round of sanctions targeting Russia.

The announcement was made on Thursday by the bloc’s Cypriot presidency, confirming that both measures are now moving forward.

According to Antonio Costa, the EU’s approach is straightforward: keep supporting Ukraine while turning up the pressure on Russia.

In his words, the goal is to push toward a “just and lasting peace” by strengthening Ukraine’s position and tightening restrictions on Moscow at the same time.

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