“We have a deal. Decision to provide 90 billion euros ($106 billion) of support to Ukraine for 2026-27 approved. We committed, we delivered,” Costa said in a post on social media, without providing details about how the money would be raised

Dec 19 - The European Union agreed on Friday to lend Ukraine 90 billion euros ($105 billion) but will not, for now, use frozen Russian assets to secure the loan. Read more at straitstimes.com. Read more at straitstimes.com.

European Union leaders agreed on December 19 to provide a €90 billion interest-free loan to Ukraine. The joint borrowing will cover two-thirds of the country's financial needs for the next two years. Although hailed by several European leaders as a clear sign that the block stays behind Ukraine, it also comes as they failed to agree on a plan to use frozen Russian assets to fund military aid to Ukraine, says FRANCE 24's correspondent to Brussels Dave Keating.

NEW YORK/LONDON, Dec 19 - The International Monetary Fund welcomed on Friday that European Union leaders agreed to lend 90 billion euros ($105 billion) to Ukraine, a spokesperson said. Read more at straitstimes.com. Read more at straitstimes.com.

The EU agrees to provide a 90 billion-euro ($106 billion) interest-free loan to Kyiv to help fund the war-torn country after failing to agree on a proposal to use frozen Russian assets to support Ukraine's economic and military needs in the coming years.

EU leaders decided to borrow cash rather than deploying frozen Russian assets. Read more at straitstimes.com. Read more at straitstimes.com.

EU leaders have approved a decision to raise joint debt in order to provide Ukraine with €90 billion in financial support for the period 2026–2027, equivalent to roughly BGN 176 billion. The agreement was reached at a European Council summit after the bloc abandoned the long-debated idea of a so-called “reparations loan” backed directly by frozen Russian assets.