EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto
- Posted on April 23, 2026
- By Business News Today
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- 1 min read
EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto
The European Union has approved a substantial loan for Ukraine to support its economy and military. This comes after Hungary ended its opposition. New sanctions against Russia have also been greenlit. These measures aim to bolster Ukraine's defense and economic stability. The loan will begin flowing soon. Sanctions target Russia's oil shipping and financial sectors.
