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Germany’s Proposal to use $106B from frozen Russian Assets for Ukraine Fails – Report

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The EU parliament on Wednesday approved a 90-billion-euro ($106.8-billion) loan for Ukraine, providing a financial lifeline to cash-strapped Kyiv four years into Russia’s invasion. Lawmakers voted by 458 to 140 in favour of the loan, intended to cover two-thirds of Ukraine’s financial needs for 2026 and 2027 and backed by...

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