Ukraine's Rada Weighs €90 Billion EU Loan as MPs Slam Overnight Translation
Updated
Updated · Українські Національні Новини · May 28
Ukraine's Rada Weighs €90 Billion EU Loan as MPs Slam Overnight Translation
16 articles · Updated · Українські Національні Новини · May 28
Bill No. 0376 reached Ukraine's parliament on Thursday, opening debate on ratifying an EU loan-and-memorandum package worth €90 billion and presented by Finance Minister Serhiy Marchenko.
MP Yaroslav Zheleznyak said lawmakers were forced to review a text translated overnight and rushed onto the agenda on the final plenary day, leaving little time to study the details.
Zheleznyak also said President Volodymyr Zelenskyy had not warned MPs in earlier meetings that the EU memorandum would be submitted for urgent ratification, fueling criticism of the government's planning.
The package provides three aid tranches totaling €90 billion, and it needed at least 226 votes in the chamber to take effect.
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The €90 Billion EU Loan to Ukraine: Political Breakthrough, Financial Structure, and Geopolitical Impact (2026 Report)
Overview
In April 2026, the European Union approved a landmark €90 billion loan to Ukraine, aiming to stabilize its economy and provide vital resources. This breakthrough came after Hungary, which had previously vetoed EU funding, dropped its objections following the repair of the Druzhba oil pipeline by Ukraine. The pipeline’s restoration allowed Russian oil deliveries to resume to Hungary and Slovakia, resolving a key dispute. As a result, the EU was able to move forward with the loan, and President Zelenskyy welcomed the unblocking of funds, marking a significant step in European support for Ukraine during ongoing challenges.