Zelensky to join EU leaders in Cyprus after 90-bn-euro loan unblocked
Summary
European Union leaders will meet with Ukrainian President Volodymyr Zelensky in Cyprus to mark the release of a 90-billion-euro loan for Ukraine. The loan had been delayed due to disagreements but was preliminarily approved before the planned talks in Ayia Napa.Key Facts
- The EU will release a 90-billion-euro (about $105 billion) loan to Ukraine.
- Ukrainian President Zelensky will join EU leaders in Cyprus for meetings.
- The loan was delayed due to a dispute involving Hungary's Prime Minister Viktor Orban and Zelensky.
- Preliminary approval of the loan was given on Wednesday.
- Final approval is expected by Thursday before the EU-Ukrainian talks.
- The meetings will take place at Ayia Napa marina in Cyprus.
- The loan aims to provide badly needed financial support to Ukraine.
- The delay had caused a deadlock in EU financial aid to Ukraine.
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