Ukraine can now invest in ramping up its drone production thanks to EU loan, says Zelensky
PositiveWorld Affairs

- The European Union has announced a €90 billion loan to Ukraine over the next two years, a significant financial boost as the country continues to allocate most of its tax revenue towards defense against the ongoing Russian invasion. President Volodymyr Zelensky stated that this funding will enable Ukraine to enhance its drone production capabilities.
- This development is crucial for Ukraine, as it seeks to strengthen its military capabilities and maintain resilience in the face of external aggression. The loan represents a commitment from the EU to support Ukraine during a critical phase of its defense efforts.
- The announcement comes amid broader discussions among European leaders regarding the use of frozen Russian assets to further support Ukraine's financial needs. While there is strong backing for Ukraine, debates persist over the implications of utilizing these assets, reflecting the complex dynamics of international support and the ongoing conflict with Russia.
— via World Pulse Now AI Editorial System





