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Ukraine, Italy sign 200-million-euro loan for teachers' salaries

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The Ministry of Finance reported that the 15-year loan will go toward the state budget to cover the salaries of school teachers and will have a zero interest rate for the first seven and a half years.

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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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Russia failed to break Ukraine’s army on the battlefield, and now it’s trying to do it through a peace plan that would cap Ukraine’s forces at 600,000. Some argue that Ukraine would shrink its army — currently estimated at about 800,000 — after the war anyway.

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