EU Secures €90 Billion for Ukraine, Sidesteps Russian Assets

European leaders agreed Friday to provide Ukraine with a €90 billion loan. The funds are intended to finance the country's war effort for at least the next two years. The agreement was reached without using frozen Russian assets. This option was set aside due to a lack of political consensus among member states. The new loan addresses a critical shortfall. Ukrainian officials had warned that state funds could run out as early as the first quarter of 2026. The decision ensures predictable financial support for Kyiv from its European partners amid the ongoing conflict.