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The EU approved 90 billion euros for Ukraine, now what?
Politics

The EU approved 90 billion euros for Ukraine, now what?

by Chris Powers

In April, EU leaders voted to grant the bloc permission to provide Ukraine with a 90 billion euro ($110 billion) loan, providing the lion's share of Kyiv's financial needs to both defend itself and keep the lights on. But that money comes with strings attached, and even then it isn't enough to cover all of Ukraine's needs. One of those strings was announced on May 20, with the European Commission telling Kyiv that it needs to improve its revenue collection through a series of unpopular tax cha

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