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European Parliament approves 5 billion euro loan to Ukraine

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"This is the second, and largest, tranche of a 9 billion euro EU support package, of which €1 billion has already been disbursed," the European Parliament announced on Sept. 15. The loan is set to help Ukraine cover its emergency needs caused by Russia’s invasion and contribute “to the public debt sustainability of Ukraine,” according to the report.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The Kyiv Independent’s separate analytical unit, KI Insights, is excited to announce the launch of its podcast, Ukraine Insights — a show dedicated to unpacking Ukraine’s politics, security, economy, and international relations through in-depth, expert-driven conversations.

The documentary has received wide acclaim for the fact that it shows how the war against Ukraine is not just "(Russian President Vladimir) Putin's war" but a war sustained by both a climate of fear and open support among the populace within Russia.

The arms deal was signed in Moscow in December, and requires Russia to send Iran 500 "Verba" Man-Portable Air-Defense System (MANPADS) launch units and 2,500 9M336 surface-to-air missiles over three years, the Financial Times reported.

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