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EU formally approves โ‚ฌ90bn Ukraine loan and 20th sanctions package against Russia

23 April 2026 at 18:02

Ursula von der Leyen hails โ€˜good newsโ€™ after Hungaryโ€™s lifting of vetoes allows leaders to sign off on agreements

EU leaders have welcomed the end of diplomatic deadlock over a long-awaited โ‚ฌ90bn (ยฃ78bn) loan for Ukraine, after the bloc completed the agreement along with a 20th sanctions package against Russia.

After weeks of delay, the EU signed off on the loan on Thursday, in time for a summit in Cyprus that began in the evening and will include talks over a dinner with the Ukrainian leader, Volodymyr Zelenskyy.

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ยฉ Photograph: Valentyn Ogirenko/Reuters

ยฉ Photograph: Valentyn Ogirenko/Reuters

ยฉ Photograph: Valentyn Ogirenko/Reuters

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