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News in English (USA) / 23.04.2026 / 18:00

EU Approves Major Financial Aid for Ukraine Amid Renewed Oil Flows

The European Union has formally approved a €90 billion ($106 billion) loan package to support Ukraine amid ongoing hostilities with Russia. The approval comes after Hungary lifted its veto, allowing the much-anticipated financial assistance to move forward. The loan is crucial for Ukraine, which continues to seek ways to bolster its defenses against Russian aggression. In tandem, the Druzhba pipeline has resumed oil flows from Russia to Europe, unblocking the EU loan. Ukrainian President Zelensky has welcomed the decision, calling it a vital lifeline for the nation as it navigates the challenges of war with Russia. The EU has also implemented a 20th sanctions package against Moscow, highlighting its ongoing commitment to countering Russian actions in the region.
The New York Times, The Guardian, CNN, The Washington Post, Anchorage Daily News, Reuters, BBC, Inquirer.com, CBS News, consilium.europa.eu