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Story summary
- The European Union approved a 90 billion euro loan to Ukraine for 2026 and 2027.
- Sixty billion euros will support military aid.
- Thirty billion euros will fund budgetary support to prevent a funding cliff.
- Hungary, Slovakia, and the Czech Republic are exempt from financial obligations.
- The loan is funded through EU borrowing and guaranteed by the EU budget, with repayment contingent on Russia paying war reparations.
