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HomeloansEuropean Commission pledges $39 billion in loans to Ukraine

European Commission pledges $39 billion in loans to Ukraine

European Commission President Ursula Von der Leyen announced a $39 billion loan to help Ukraine rebuild is energy and civilian infrastructure as she met with President Volodymyr Zelensky in Kyiv on Friday. Photo by Sergey Dolzhenko/EPA-EFE
Sept. 20 (UPI) — European Commission President Ursula von der Leyen announced on Friday pledged more than $39 billion in loans to Ukraine to help repair power plants and critical civilian infrastructure as it continues to fight against Russia’s invasion. The Commission said the funding package leverages profits from immobilized Russian assets,

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