EU has not yet approved €90bn for Ukraine, Zelenskyy says

- 22 April, 20:04
Volodymyr Zelenskyy. Photo: Office of the President of Ukraine

Ukrainian President Volodymyr Zelenskyy has confirmed that the EU has not yet completed the process of unblocking the €90 billion loan for Ukraine after a number of media outlets reported it as a done deal.

Source: Zelenskyy during an online press conference; European Pravda

Details: Zelenskyy said the results of the vote are expected on 23 April.

Quote: "The relevant procedure began today. Ultimately, the results can only be expected tomorrow. Tomorrow, the procedure for these discussions and decisions will be completed."

More details: Zelenskyy added that the talks have so far been constructive.

Background:

  • On 22 April, a number of European and Ukrainian media outlets reported that the loan had been approved.
  • That same day, the Committee of Permanent Representatives of the EU launched a written procedure to approve amendments to the EU's 2021-2027 long-term budget, including a €90 billion loan for Ukraine and the bloc's 20th package of sanctions against Russia. The process is set to last 24 hours – until 12:00 on 23 April (13:00 Kyiv time).
  • That step became possible after Ukraine restored transit of Russian oil through the Druzhba pipeline to Hungary and Slovakia.
  • Ukrainian President Volodymyr Zelenskyy welcomed the unblocking of the procedure for approving the €90 billion loan and the 20th package of EU sanctions against Russia, stressing that he expects the agreements to be implemented promptly.

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