South China Morning Post
International · 3 hrs ago
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UK eyes joining EU’s €90 billion Ukraine loan to tap defence orders
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Britain is negotiating to join the EU's €90 billion loan programme to Ukraine, which would allow UK companies to compete for defence contracts financed by the loan, though the UK would need to contribute to interest payments as a condition of participation.
UK eyes joining EU’s €90 billion Ukraine loan to tap defence orders
Britain is in talks to join the European Union’s €90 billion (US$105.13 billion) loan to Ukraine to qualify for Kyiv’s defence orders that the loan finances but will have to cover some interest payments on the borrowing to be eligible, the European Commission said.
“Today marks the first high-level discussion on the UK’s potential participation in the €90 billion Ukraine Support Loan, following technical exchanges between the UK Government and the Commission,” a Commission spokesman told...
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