Feb 24 • 15:56 UTC 🇫🇷 France Le Figaro

Ursula von der Leyen assures that the EU will grant its loan of 90 billion euros to Ukraine 'one way or another'

Ursula von der Leyen confirmed that the EU will provide a 90 billion euro loan to Ukraine despite some obstacles from member states.

Ursula von der Leyen, the President of the European Commission, announced during a press conference in Kyiv that the European Union is committed to granting a 90 billion euro loan to Ukraine, notwithstanding the ongoing challenges posed by Hungary. This statement comes as a reaffirmation of the EU's support for Ukraine on the fourth anniversary of the Russian invasion, highlighting the EU's solidarity with Ukraine amid its ongoing conflict with Russia.

In addition to the loan, von der Leyen mentioned that the 27 member states of the EU are working on an energy aid plan for Ukraine, which is projected to amount to 920 million euros for the period from 2026 to 2027. This effort underscores the EU's focus on not only financial support but also long-term energy security for Ukraine, which is crucial as the country faces the realities of war and its impacts on energy supply and infrastructure.

Von der Leyen emphasized the EU's determination to fulfill its commitment, stating that multiple options are available to ensure the loan is disbursed. Her assurance aims to reassure Ukraine and its allies of the EU's continued financial backing, despite delays caused by political disagreements within the union, particularly from Hungary.

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