"The leaders of the European Union member states are meeting to discuss the most important issues impacting the bloc. Additional financing for Ukraine topped the agenda as the Trump administration rolls back US support. What was up for discussion? How to provide additional funding to Ukraine The geo-economic situation of the EU EU enlargement policy European defense Long-term budget for 2028-2034 And on the sidelines: A contentious agreement with the Mercosur trading bloc"
"German Chancellor Friedrich Merz called the European Council's decision to grant Ukraine a 90 billion loan a "decisive message for an end to the war." The interest-free loan is enough to cover Ukraine's military and budgetary needs for the next two years, he pointed out in a statement. And Russian President Vladimir Putin "will only make concessions once he realizes his war will not pay off," Merz said."
EU leaders agreed on a €90 billion interest-free loan for Ukraine covering 2026–2027, with funding backed by the bloc's common budget rather than frozen Russian assets. German Chancellor Friedrich Merz described the loan as a decisive message and said the financing is sufficient to cover Ukraine's military and budgetary needs for the next two years. Summit topics included how to provide additional funding to Ukraine, the EU's geo-economic situation, enlargement policy, European defense, and the long-term budget for 2028–2034. A contentious Mercosur trade agreement and migration issues were discussed on the sidelines amid reduced US support.
Read at www.dw.com
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