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World · 1 hour ago

EU will probably have to give new loan to Ukraine, Estonian PM Michal says

EU will probably have to give new loan to Ukraine, Estonian PM Michal says

Kaupo Kikkas via Wikimedia Commons (CC-BY-3.0-EE)

Ukraine wants at least €70 billion more from the EU next year, as President Volodymyr Zelensky says the war will cost €155 billion. Estonia's Prime Minister Kristen Michal told Reuters on Friday that a new EU loan would probably be needed to fill Kyiv's budget gap. He warned that this winter will be "like hell" again.

Reported by Reuters · How we write briefs

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