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EU's Backup Plan for Ukraine's Defense

Published 3 weeks ago
Description

EU leaders draft backup plans for Ukraines defense, aiming to secure around thirty billion euros in bilateral loans if Hungary and Slovakia block the ninety-billion-euro loan. Tensions rise due to a Russian drone strike on the Druzhba oil pipeline, with Hungary and Slovakia accusing Ukraine of politicizing repairs. The Netherlands pledges three point five billion euros a year to Kyiv. Ukraine receives an eight point one billion dollar IMF loan, with one point five billion disbursed immediately. The outcome of Hungarys April twelfth election and Slovakias softening stance could pave the way for EU funds.

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