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EU lawmakers approve new 35 billion euro loan for Ukraine

CGTN

 , Updated 21:14, 22-Oct-2024

The European Parliament on Tuesday voted to hand Ukraine a loan of up to 35 billion euros ($38 billion) backed by profits from frozen Russian assets.

The European Union loan, which was approved by an overwhelming majority of lawmakers, is part of a bigger $50 billion initiative agreed by G7 countries in June.

Source(s): AFP
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