EU Provides New $39 Billion Loan to Ukraine

European Commission President Ursula von der Leyen announced Friday that the Commission will provide Ukraine with a new loan worth 35 billion euros ($39 billion). Von der Leyen said in a statement ahead of her meeting with Ukrainian President Volodymyr Zelenskyy in the capital, Kyiv, that "the ongoing Russian attacks mean that Ukraine needs continued support from the European Union," noting that the new loan is another major contribution from the European Union to Ukraine's recovery. Recent Russian attacks on Ukraine's energy infrastructure have caused disruptions, halting the equivalent of nine gigawatts of electricity production, which von der Leyen described as "equivalent to the electricity of the three Baltic states." Source: Qatar News Agency