Final green light from the EU to borrow from 90 billion to Ukraine and new sanctions against Russia. The Cypriot Presidency of the Union announced today, Thursday 23 April, that the written procedures for amending the regulation on the multiannual financial framework underlying the 90 billion support loan for Ukraine and the twentieth package of sanctions against Russia have been successfully concluded and both dossiers have been adopted unanimously.
“The Council has approved the last element needed to enable the disbursement of the €90 billion loan for Ukraine. The Cypriot Presidency has worked tirelessly to ensure that all elements necessary for the loan are in place,” said Makis Keravnos, Cypriot Finance Minister. “Disbursements will start flowing as soon as possible, providing vital support for Ukraine’s most urgent budgetary needs. The EU remains firm in its support for Ukraine’s sovereignty and territorial integrity“.
Kallas: “Stall overcome with loan and sanctions ok, everything needed in Kiev”
Kaja Kallas ‘celebrates’ the green light from the EU Council. “The stalemate has been overcome – writes the High Representative for Foreign Affairs -. The EU has just given the green light to the 90 billion euro loan for Ukraine and the 20th sanctions package. Russia’s war economy is under increasing pressure, while Ukraine receives a significant boost. We will provide Ukraine with what it needs to resist, until Putin understands that his war is leading nowhere”.
Zelensky: “Stable situation, territorial balance in our favor”
The war situation with Russia has been “stable” since last summer. This was declared by Ukrainian President Volodymyr Zelensky, who was traveling to Cyprus to take part in the EU summit. “Ukraine is not losing this war. In the last 10 months we have been in the most stable situation“he said in an audio message to the media. The front line is “dynamic”, but the balance of the territories occupied and liberated since the beginning of the year “is in favor of Ukraine”, he added.
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