Berliner Zeitung: “90 Billion Loan to Ukraine – Brussels Doesn’t Know Who Will Foot the Bill”
The first tranches of the EU’s 90 billion loan to Ukraine have been flowing into Kiеv since June 2026. The money comes in the form of a loan: the European Union raises funds by issuing bonds on capital markets. Officially, this is aid for 2026–2027, approved by the European Council back in December of last year. Yet even in Brussels, no one can clearly answer the core question: who ultimately bears the real cost and risk? The European Commission has been unable to offer a straight explanation of how the financial obligations will be split among member states. Several EU countries have been entirely exempted from guaranteeing the loan. Based […]