What to Know About the EU's New $106 Billion Loan to Ukraine

Contributing sentiments towards policy:

62% : Leaders like German Chancellor Friedrich Merz and French President Emmanuel Macron backed this first option, especially since that method of funding would require support from two-thirds of the 27 EU nations.
60% : BRUSSELS (AP) -- European Union leaders agreed on Friday to provide a massive interest-free loan to Ukraine to meet its military and economic needs for the next two years.
57% : Until then, Russia's assets will remain immobilized and the EU reserves the right to use them to repay the loan, in accordance with EU and international law," according to a statement.
53% : It is also akin to how the EU took on 750 billion euro in debt in the wake of the COVID-19 pandemic for a gigantic economic recovery fund.
53% : Council president Costa said that the EU "reserves its right to make use of the immobilized assets to repay this loan.
50% : That majority was expected to be far easier politically to reach than the total unanimity required by the EU foundational treaty for the second option: borrowing money from capital markets.
48% : The European Council said it would use Article 20 of the Treaty of Europe to allow the EU to shoulder debt for a zero-interest loan to Ukraine.
47% : Orbán praised the cooperation of Hungary, Slovakia, and the Czech Republic, which were all excluded from financial burdens from the loan to allow for the unanimity required by the EU treaty.
46% : EU to shoulder debt European Commission President Ursula von der Leyen had brought to Thursday's summit two proposals to keep Ukraine afloat.
39% : The EU has said the assets will remain frozen until Russia has paid war reparations to Ukraine.
38% : EU leaders agreed that "this loan would be repaid by Ukraine only once Russia compensates Ukraine for the damage caused by its war of aggression.
37% : The money has been frozen under EU sanctions slapped on Moscow after its launched its full-scale war in 2022.

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