Fri Sep 20 10:23:00 UTC 2024: ## EU Pledges €35 Billion Loan to Ukraine Amidst War with Russia
**BRUSSELS, BELGIUM** – The European Union (EU) has announced a €35 billion loan to Ukraine, aimed at supporting the country as it continues its battle against Russia. The announcement was made by EU Commission President Ursula von der Leyen during a visit to Kyiv.
The loan is part of a wider G7 initiative to mobilize funds from frozen Russian assets. These assets were seized as part of international sanctions imposed following Russia’s invasion of Ukraine.
The EU’s financial assistance aims to help Ukraine address pressing needs and maintain essential services during the ongoing conflict.
First Piper 