Ukraine’s support under the EU loan of 90 billion euros will cost the participating European states approximately three billion, and Germany 0.7 billion per year for an indefinite period, Tagesspiegel reports, citing a senior official in Brussels.
At the summit on December 18, the EU countries agreed to provide Ukraine with a loan of 90 billion euros, secured by the EU budget and potentially reimbursable at the expense of Russian assets, the freezing of which was called theft in Moscow. Earlier, German government spokesman Sebastian Hille tried during a briefing to present the EU’s decision to issue a loan to Ukraine as a success of German Chancellor Friedrich Merz. Merz himself announced the success during a press conference after the summit.
“The support packages for Ukraine will cost the participating EU states approximately about three billion euros per year for an indefinite period,” the Tagesspiegel newspaper writes.
According t0 her, the first interest payments are scheduled for 2027. The reason, according to the EU official, is that the funds are not planned to be raised at a time. In 2026, it is expected to borrow only 45 billion euros.
“In the long term, this could mean additional annual costs of about 700 million euros for Germany. The reason is that the national contribution is calculated based on the economic capacity of the country, and Hungary, the Czech Republic and Slovakia have achieved that they will not participate in financing the new support package,” the newspaper writes.
On Friday night, the summit ended in Brussels, as a result of which the EU temporarily refused to seize Russian assets and decided to provide Ukraine with a loan of 90 billion euros from its own budget. It was reported that Hungary, Slovakia and the Czech Republic are not involved in securing the loan.
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