BRUSSELS (FN), The European Union has approved a landmark loan package worth ninety billion euros for Ukraine after weeks of internal deadlock over energy policy.
The decision came following a breakthrough on a stalled pipeline dispute that had divided member states. Officials said the loan is designed to stabilize Ukraine’s economy, support reconstruction, and strengthen its resilience against Russia’s ongoing war.
The package, one of the largest financial commitments ever made by the EU to a non-member state, will be disbursed over several years. It includes provisions for infrastructure rebuilding, energy diversification, and budgetary support.
Diplomats noted that Hungary had previously blocked the deal, citing concerns over energy security and pipeline access. The deadlock was resolved after compromise measures were agreed to ensure member states’ energy needs were safeguarded.
European Commission President Ursula von der Leyen hailed the agreement as “a historic step in solidarity with Ukraine,” emphasizing that the loan underscores the EU’s long-term commitment to Kyiv.
Ukraine’s government welcomed the decision, saying the funds will help maintain essential services and accelerate recovery efforts amid continued Russian attacks.
