EU’s €35 billion loan for Ukraine likely deadlocked until US elections

The prolongation of the sanctions rollover period is a key factor in determining several Western countries’ participation in a $50 billion G7 loan package for Ukraine.

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News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

European Commissioner for Economy Paolo Gentiloni (L) and Hungarian Finance Mihály Varga (R) address reporters in Luxembourg in Tuesday (8 October). Credit: Council of the EU

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