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EU Gives Ukraine €90bn Loan, Banks Frozen Russian Cash Out on a Lemon

EU Gives Ukraine €90bn Loan, Banks Frozen Russian Cash Out on a Lemon
Photo by Rob on Unsplash

KEY POINTS

  • On December 19, 2025, European Union leaders agreed on a €90 billion loan package for Ukraine to support its ongoing needs.
  • The EU rejected proposals to use frozen Russian funds, which angered Ukraine but avoided political risk for European nations.
  • Putin blamed Kyiv for refusing peaceful conflict resolution despite Russia initiating the invasion and hinted at a vague willingness for dialogue.

On December 19, 2025, EU leaders heroically agreed to a €90 billion loan for Ukraine — but shocker, they washed their hands of the idea to tap into frozen Russian funds. Meanwhile, Putin, aka the guy who started the war, called Kyiv 'basically refusing to finish this conflict via peaceful means,' which makes about as much sense as accusing Domino's of ruining your diet. Yet in mixed signals only Vlad could master, he hinted maybe Ukraines might want to 'engage in some type of dialogue' — likely from a bunker powered by iced vodka and mixed messages. Zelenskyy's gratitude was politely fired off, but we all saw the refusal was a polite 'nope' to freezing Dear Leader's cash stash.

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Source: Theguardian | Published: 12/19/2025 | Author: Jakub Krupa (now), Adam Fulton (earlier)