Salem Radio Network News Friday, May 8, 2026

World

EU to announce 35 billion euro loan for Ukraine, FT says

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(Reuters) – The European Commission plans to announce a 35 billion euro ($39 billion) loan to Ukraine as part of a G7 scheme to raise $50 billion on the back of future profits from frozen Russian state assets, the Financial Times reported on Friday, citing three people.

($1 = 0.8959 euros)

(Reporting by Nilutpal Timsina in Bengaluru; Editing by Hugh Lawson)

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