Ukraine deal: EU leaders agree €90bn loan, but without use of frozen Russian assets

Ukrainian President Volodymyr Zelenskyy (Brian Lawless/PA)

EU leaders have pledged a €90bn loan for Ukraine to meet urgent financial needs, but failed to agree on the preferred option for many of securing that loan against Russia’s frozen assets in the bloc.

After talks ended in the early hours of Friday, the president of the European Council, António Costa, told reporters: “We committed and we delivered.”