During her visit to Kyiv today, EU President Ursula von der Leyen confirmed that the EU will loan $39 Billion usd to Ukraine. The loan will be paid back using proceeds from frozen Russian assets. Canada , USA , Britain , Japan will loan the remainder of the money that makes of the $50 Billion usd loan.
Per von der Leyen the $39 Billion usd from the EU will be spent on the following:
- Weapons purchased from the EU
- Ukraine's domestic weapons production
- Ukrainian Energy infrastructure
- Bomb shelters for civilians
Per the agreement 90% of the money is to be spent on military needs, while 10% is earmarked for humanitarian purposes.
Per von der Leyen the $39 Billion usd from the EU will be spent on the following:
- Weapons purchased from the EU
- Ukraine's domestic weapons production
- Ukrainian Energy infrastructure
- Bomb shelters for civilians
Per the agreement 90% of the money is to be spent on military needs, while 10% is earmarked for humanitarian purposes.