‘Deadlock over’: EU unlocks $105bn loan for Ukraine, slaps new sanctions on Russia

 In a landmark decision, the European Union has greenlit an impressive €90 billion loan to Ukraine alongside a new wave of sanctions targeting Russia, effectively breaking a prolonged deadlock. This vital financial support, designated for military and fiscal stability, follows Hungary and Slovakia’s recent agreement to resume oil flows through a major pipeline. In a landmark decision, the European Union has greenlit an impressive €90 billion loan to Ukraine alongside a new wave of sanctions targeting Russia, effectively breaking a prolonged deadlock. This vital financial support, designated for military and fiscal stability, follows Hungary and Slovakia’s recent agreement to resume oil flows through a major pipeline.