“Citing senior officials of the European Commission, Politico reports that EU taxpayers will have to cover roughly 3 billion euros in loan servicing costs every year as part of the plan to increase the joint debt to finance Ukraine’s defense against Russia.”, — write: www.pravda.com.ua
Illustrative photo: Getty Images Source: “European truth” with reference to Politico
Details: According to Politico’s sources, the EU is expected to pay €3 billion annually in interest on the loan to Ukraine starting in 2028 over the course of the seven-year budget.
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The sources specified that the interest payment will start in 2027, but that year it will amount to only 1 billion euros.
As you know, the European Council agreed to provide A loan to Ukraine in the amount of EUR 90 billion for 2026-2027 based on EU borrowings on capital markets secured by EU budget reserves.
At the same time, against the background of the loan, the European Union reminded Ukraine of the importance further fight against corruption.
Read also: A night more expensive than 90 billion. How the EU avoided a disaster and saved the stability of Ukraine.