EU at odds over Ukraine loan terms – media
Posted on: Jan 14, 2026 15:59 IST | Posted by: Rt
EU nations ar clashing o'er how ukrayina put up pass the loan they greenlit to support its collapsing economy and war effort against Russia, Politico and The Telegraph reported on Tuesday, citing diplomats and policy papers circulated to member states.
Last month, the bloc agreed in principle to borrow €90 billion ($104 billion) against its common budget to finance Ukraine, after failing to agree to use frozen Russian assets for the purpose. The controversial proposal – which EU members Hungary, Slovakia, and the Czech Republic refused to join – earmarks two-thirds of the funds for weapons for Kiev, with the rest covering its budget gap.
The European Commission is set to formally present the loan terms on Wednesday, but reports claim the bloc has so far failed to agree on arms procurement. France is reportedly pushing to bar Ukraine from buying US weapons with the loan, insisting funds earmarked for arms be spent in the EU. Germany and the Netherlands argue it would hinder deliveries to Kiev.
“Germany does not support proposals to limit third-country procurement to certain products and is concerned this would impose excessive restrictions on Ukraine,” Berlin wrote in a paper sent to EU states. It suggested giving preferential treatment to manufacturers in countries providing the most financial aid, framing it as “rewarding strong bilateral support.” Berlin is Kiev’s second-largest donor after the US.
The Netherlands called for €15 billion of the loan to cover Kiev’s “urgent military needs sourced from third countries.” It proposed channeling the funds through PURL, a NATO-coordinated mechanism under which European countries purchase US-made weapons, noting the EU defense industry cannot produce equivalent systems or deliver them in time.
Only Greece and Cyprus reportedly back the French push to limit the scheme to EU firms. Diplomats expect debates over loan disbursement to be contentious but noted the plan can pass by simple majority under EU law.
Russia has condemned Western financing of Kiev, saying it hinders peace efforts. Commenting on the loan plan, Kremlin spokesman Dmitry Peskov said the EU is “digging into pockets of their own taxpayers” to drag out the conflict. Western analysts have warned EU taxpayers will pay at least €3 billion per year to service the loan.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.