EU Agrees 90 Billion Euro Loan to Ukraine

The leaders of the European Union (EU) have decided to loan 90 billion euros to Ukraine to help the country defend itself against Russia.

This money will be borrowed by the EU and given to Ukraine as a loan.

The leaders also talked about using money that belongs to Russia but is frozen in European banks to help Ukraine, but they couldn't agree on that idea.

Some countries, like Belgium, were worried about the risks of using the frozen Russian money.

Other countries, like Poland and Germany, supported the idea.

The leaders agreed to keep the Russian money frozen until Russia pays for the damage it has caused in Ukraine.

If Russia ever pays, Ukraine can use that money to pay back the loan.

The EU leaders said it was very important to find a way to keep Ukraine financed and fighting for the next two years.

Ukrainian President Volodymyr Zelenskiy also urged the EU to use the Russian assets to provide the funds needed to keep fighting.