Summary
The European Union plans to start releasing a €90 billion loan to Ukraine in the second quarter of the year to support the country amidst the ongoing war with Russia. Meanwhile, Russia launched a large drone and missile attack on Ukraine, causing many casualties, and leaders at an international meeting in Washington stressed the importance of supporting Ukraine and warned against Russia benefiting from conflicts in the Middle East.
Key Facts
- The EU aims to release a new €90 billion loan to Ukraine in the April-June period.
- Valdis Dombrovskis, EU economy chief, spoke about continued support for Ukraine and sanctions on Russia.
- Russia launched a major drone and missile attack on Ukraine, killing at least 17 people and injuring over 100.
- The attack included nearly 700 drones and many ballistic and cruise missiles.
- Ukrainian officials say stocks of advanced missile interceptors are running low.
- President Donald Trump called the Russian attack “terrible” during a White House briefing.
- German Vice Chancellor Lars Klingbeil said it is not in the US or Europe’s interest for Russia to benefit from the Iran war.
- EU and NATO leaders are working to increase Europe’s arms production to better support Ukraine’s defense.
