EU envoys approve €90 billion Ukraine loan after Hungary lifts veto ...News

The loan was held up by Hungary for months due to Kiev’s suspension of Russian oil supplies

A €90 billion ($106 billion) EU loan to Ukraine that was the focus of months-long stand-off with Hungary is set to be disbursed on Thursday, according to meria reports.

EU ambassadors approved the move on Wednesday, paving the way to a formal sign off by 27 member states, Reuters said citing a spokesman for the Cypriot presidency in the bloc.

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