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EU Commission provides Ukraine with new loan of up to €35 billion

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The European Commission will provide Ukraine with a new loan of up to €35 billion ($39 billion), European Commission President Ursula von der Leyen announced in Kiev on Friday.

“The continued Russian attacks mean that Ukraine needs continued support from the EU,” von der Leyen wrote in a post on X.

“This is another important contribution from the EU to Ukraine’s recovery,” she added.

Von der Leyen made the announcement during a visit to Kiev to meet with Ukrainian President Volodymyr Zelensky.

Ursula von der Leyen, President of the European Commission, and Volodymyr Zelensky, President of Ukraine, speak during a joint press conference at the presidential palace. Christoph Soeder/dpa Pool/dpa

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