As the Ukraine war enters a critical period, the EU moves ahead without the US
Updated 7:46 PM GMT+5, September 27, 2024
As the war in Ukraine enters a critical period, the European Union has decided it must take responsibility for what it sees as a security threat in its own neighborhood, and it’s preparing to tackle some of the financial burden, perhaps even without the United States.
The EU rarely moves ahead on international matters without the U.S., particularly involving major conflicts, but it hopes this decision will encourage others to come forward.
EU envoys have been working this week on a proposal to provide Ukraine with a loan package worth up to 35 billion euros ($39 billion).
“Crucially, this loan will flow straight into your national budget,” European Commission President Ursula von der Leyen told President Volodymyr Zelenskyy in Kyiv last week. “It will provide you with significant and much-needed fiscal space. You will decide how best to use the funds, giving you maximum flexibility to meet your needs.”
Zelenskyy wants to buy weapons and bomb shelters and rebuild Ukraine’s shattered energy network as winter draws near.
Russian troops and an election close in
Almost 1,000 days since their full-scale invasion, Russian forces are advancing in the east. Ukraine’s army has a shaky hold on part of the Kursk region in Russia, which has provided a temporary morale boost. With casualties mounting, it remains outmanned and outgunned.