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EU formally approves 90bn euro Ukraine loan and new sanctions on Russia

NEWS SUMMARY
The European Union has formally approved a 90-billion-euro loan for Ukraine and new sanctions on Russia. This approval, following Hungary and Slovakia's dropped objections after Ukraine restarted oil flows, provides Kyiv with crucial financial support and increases pressure on Moscow's war economy.
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Ukrainian President Zelenskyy welcomes the development, urging that the first tranche be disbursed by May or June.

EU formally approves 90bn euro Ukraine loan and new sanctions on Russia
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Ukraine–Russia

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