EU expects positive decisions on 90 billion euro loan to Ukraine on Wednesday

European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas speaks to the media after an informal EU-Ukraine Foreign Ministers’ meeting, amid Russia’s attack on Ukraine, in Kyiv, Ukraine, March 31, 2026. REUTERS
LUXEMBOURG, April 21 (Reuters) – The European Union’s foreign policy chief Kaja Kallas said ​she expected “positive decisions” on the 90 billion euro ($105.94 ‌billion) loan for Ukraine to be made on Wednesday.
This month’s electoral defeat of Hungary’s Prime Minister Viktor Orban, Ukraine’s harshest ​EU foe, could pave the way for the ​loan that Kyiv urgently needs to fund the ⁠war with Russia. The loan was originally agreed ​upon by all EU member states in December.
“We expect ​some positive decisions tomorrow on the 90 billion loan,” Kallas told reporters on Tuesday, as EU foreign ministers gathered to meet ​in Luxembourg.
“Ukraine really needs this loan and it’s ​also a sign that Russia cannot outlast Ukraine. This is extremely ‌important ⁠at this moment,” she added.
That view was echoed by Irish foreign minister Helen McEntee.
“It’s really important as an EU that we make progress on the 90 ​billion euro loan, ​that we ⁠make progress on the 20th package of sanctions and that we’re able to ​exert as much pressure as possible on ​Russia,” she ⁠said.
“I was in Ukraine with a number of colleagues in recent weeks and what’s very clear is that ⁠we ​are at that breaking point ​where that loan is absolutely essential,” added McEntee.

Reporting by Lili ​Bayer, Inti Landauro, Sudip Kar-Gupta, Editing by William Maclean

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