"Ursula von der Leyen stated, 'While Russia doubles down on its aggression, we are doubling down on our support to the brave Ukrainian nation, enabling Ukraine to defend itself and putting pressure on Russia's war economy.'"
"Zelenskyy highlighted the significance of securing financial certainty for Ukraine, focusing on arms production, weapon procurement, and preparing the energy sector for the upcoming winter."
The EU has finalized a €90 billion loan for Ukraine and a 20th package of sanctions against Russia, ending a diplomatic deadlock. The agreement was reached after Hungary lifted its veto, which was previously tied to a dispute over an oil pipeline. Ukrainian President Volodymyr Zelenskyy will participate in summit talks in Cyprus, emphasizing the importance of financial certainty for Ukraine's defense and energy sector. EU leaders will also address rising energy prices and the broader impacts of the ongoing war in the Middle East.
Read at www.theguardian.com
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