European Parliament approves €35 billion loan to Ukraine from frozen Russian assets - resolution (updated)
Today, on October 22, 2024, the European Parliament supported a resolution to establish a mechanism for credit cooperation with Ukraine and provide exceptional macro-financial assistance to Ukraine.
This was reported by Censor.NET with reference to Ukrinform.
Thus, the EU allocates 35 billion euros to Ukraine as a contribution to the G7 initiatives with subsequent repayment from the frozen assets of the Russian Federation.
As noted, this mechanism will help Ukraine repay loans of up to 45 billion euros provided by the EU and G7 partners, using the funds of future profits from the frozen assets of the Russian Federation in the EU.
The decision in the first reading was supported by 518 deputies, 56 voted against, and 61 abstained.
No further information on the provision of macro-financial assistance to Ukraine is currently available.
