The $105 Billion usd loan for Ukraine

has now been fully agreed to by EU

envoys and will now be sent to EU Parliament for procedural approval. The full text of the bill has not yet been released, but key components have leaked and are as follows.
1. The loan will be released in installments over a period of two years. Ukraine will only have to repay the loan if Russia is forced to pay war reparations. Otherwise, loan participants will foot the bill.
2. The first installment of the loan will be released in April, 2026. The loan is subject to tight scrutiny and regulation. If there isn't continued efforts to solve the corruption problem in Ukraine the loan increments can be paused at any time.
3. 2/3 (66%) of the funds will be used for military purchases. 1/3 (33%) of the funds will be used to bolster Ukraine's Federal budgets in 2026 and 2027.
4. The debt will be split proportionately between EU members states and allies who opt in, with Hungary

, Slovakia

and the Czech Republic

absolved from any debt responsibility. Individual EU countries can continue to fund Ukraine's military efforts using their own national budgets, on top of the broad loan.
5. Attempts to purchase weapons must first take place in Ukraine, the European Union, Switzerland

, Norway

, Iceland

and Liechtenstein

. There is a special carve out to allow the purchase of weapons from the United States

that Europe is not capable of producing, or not capable of providing in a reasonable period of time.
6. EU allies such as Britain

, Canada

, Japan

and South Korea

can also benefit from weapons purchases from their respective defense industries, however, they must first agree to opt in to a "fair and proportionate" percentage of the loan debt / interest in order to benefit from the funds being spent in their respective countries.
Under the special loan, Ukraine will receive €30 billion to support its budgetary needs and €60 billion to purchase weapons and ammunition.View on euronews
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