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Ukraine aid: New loans soon, but Hungary blocks sanctions reinforcement

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Published: October 9th, 2024,
Last updated: October 9th, 2024

Hungary wants to delay the decision on the continuation of central bank sanctions.

The EU finance ministers broadly agreed at their meeting on Tuesday that the EU must continue to support Ukraine financially. A proposal by the EU Commission to grant Ukraine a loan of up to €35 billion, which will be paid off with proceeds from the frozen Russian central bank funds, is to be adopted shortly. The loan is likely to be approved at today’s meeting of the Permanent Representatives in Brussels.

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Ukraine-Krieg