Ukraine Support Loan sends €2.86bn more for dron...

Summary

• The Ukraine Support Loan delivered another €2.86 billion to Kyiv on Wednesday, as the EU funds drones, missiles and air defence ahead of winter.
• The European Commission released the money from the defence strand of the €90 billion facility.
• Another €4.4 billion remains in the older Ukraine Facility.

AI Generated Summary

The Ukraine Support Loan delivered another €2.86 billion to Kyiv on Wednesday, as the EU funds drones, missiles and air defence ahead of winter.

The European Commission released the money from the defence strand of the €90 billion facility. Apart from drones and missiles, it will pay for radar, electronic warfare kit and munitions.

“As Russia stalls on the frontlines, it continues to escalate its aerial attacks,” said Commission President Ursula von der Leyen. She added that Europe’s backing “matters more than ever.” According to von der Leyen, the transfer targets Kyiv’s most pressing needs on the battlefield, such as drones and missiles.

Kyiv welcomes Ukraine Support Loan funds

Prime Minister Serhii Koretskyi described the aid as vital, given the growing Russian assault on cities and key infrastructure. In his words, extra drones and missiles mean better protection for civilians and troops alike.