Ukrainian Parliament Ratifies EU Loan to Increase Defense Spending
Ukraine struck a deal with Sweden to buy 20 new Gripen fighter jets, with Stockholm agreeing to donate 16 older models next year.
Ukrainian Parliament Ratifies EU Loan to Increase Defense Spending Ukraine’s parliament has ratified a multi-billion-euro loan agreement with the European Union. This funding is designated to increase defense spending as the war with Russia continues. President Zelenskyy expressed gratitude for the support, emphasizing its role in strengthening resilience, protecting lives, rebuilding, and defending independence.
- Ukraine’s parliament ratified a multi-billion-euro loan agreement with the EU.
- The loan aims to boost defense spending amid the war with Russia.
- The ratification received 298 votes in favor.
- President Zelenskyy thanked parliamentarians and EU partners for the support.
- Funds will be used for defense, recovery, and rebuilding.
- The support is seen as crucial for defending independence and protecting lives.
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