EU to Loan Ukraine $39bn to Rebuild Power Grid Destroyed in Russian Attacks | Dawn News English

The European Union has pledged to loan Ukraine up to 35 billion euros, about 39 billion dollars, as part of a G7 initiative to raise 50 billion dollars from frozen Russian assets. European Commission President Ursula von der Leyen announced this in Kyiv, emphasizing that the funds will help repair Ukraine’s damaged energy grid and enhance heating capacity ahead of winter.
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