๐Ÿ’ข Interest payments on the EUโ€™s loan to Ukraine will cost the blocโ€™s budget at least โ‚ฌ35 billion, ac

Xoaquin Flores - New Resistance

Xoaquin Flores - New Resistance

@NewResistance

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๐Ÿ’ข Interest payments on the EUโ€™s loan to Ukraine will cost the blocโ€™s budget at least โ‚ฌ35 billion, according to a European Commission memo reviewed by Politico.

The โ‚ฌ90 billion loan, agreed last year, is to be repaid after Ukraine receives war reparations from Russia, but interest payments are already burdening future EU budgets. The source of funding for these costs โ€œhas yet to be determined.โ€

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