Europe
EU Finalizes Deal to Pay Out €90 Billion Loan to Ukraine
Ukrainian rescuers work at the site of damaged buildings following a Russian air attack in Dnipro, on April 16.
Photographer: Roman Pilipey/AFP/Getty ImagesThe European Union has given final approval to pay out its €90 billion ($106 billion) loan to Ukraine, bringing much-needed relief to the war-torn country.
The green light came after Hungary lifted its long-standing veto, allowing EU ambassadors to give their preliminary agreement on Wednesday. The decision became final on Thursday after no countries raised any last-minute objections, according to the EU’s rotating presidency, which Cyprus holds.