politics
UK Plans Negotiations to Join EU's €90 Billion Loan Program for Ukraine at Yerevan Summit
British Prime Minister Keir Starmer announced intentions to negotiate participation in the European Union's €90 billion loan scheme for Ukraine during the European Political Community summit in Yerevan, Armenia. The move aims to bolster support for Kyiv and deepen UK-EU defense ties.
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Starmer met Ukrainian President Volodymyr Zelensky on Sunday in a hotel in Yerevan, where the two leaders discussed ongoing support for Ukraine. Zelensky asked Starmer to pass on his best regards and thanks to King Charles III for his strong words in support of Ukraine during his recent state visit to the US.
Starmer stated that the UK is ready to do the necessary work with allies to provide Ukraine the support and pressure needed on Russia to achieve a just and lasting peace right for Ukraine. The EU approved the €90 billion loan last month after Hungary lifted its veto, with two-thirds allocated to Ukraine's defense needs and the rest for broader financial assistance.
Ukrainian Deputy Prime Minister Taras Kachka described the funding as a matter of life and death.
