Britain may join the EU's €90 billion loan for Ukraine — von der Leyen
European Commission President Ursula von der Leyen and British Prime Minister Keir Starmer discussed London’s potential participation in a €90 billion European loan package to support Ukraine.
This is stated in a joint statement by the parties.
The meeting took place on the sidelines of the European Political Community summit in Armenia. The parties also discussed deepening relations between the European Union and the UK, particularly in the interests of the economy, business, and security.
The statement notes that Britain’s participation in financial support for Ukraine could be an important step in developing cooperation between London and Brussels, particularly in the defense industry.
In addition, the leaders reaffirmed their unwavering support for Ukraine and noted the resilience and courage of the Ukrainian people amid the war.
On April 23, EU countries approved the 20th package of sanctions against Russia, which imposes restrictions on 46 vessels of the “shadow fleet” and 60 entities supporting the Russian military-industrial complex. The new measures include stricter export restrictions on dual-use goods and sanctions against 20 credit and financial institutions.
A trilateral meeting between the leaders of Ukraine and the European Union took place in Nicosia, following which Volodymyr Zelenskyy, António Costa, and Ursula von der Leyen issued a joint statement on a new phase of support for Kyiv. The discussion focused on a 90-billion-euro loan, sanctions pressure on Russia, and Ukraine’s continued progress toward EU membership. The leaders emphasized the need for swift decisions and strengthened joint action.
