Ukrainian President Volodymyr Zelenskiy has introduced legislation to his country’s parliament seeking approval for a major loan agreement with the European Union, according to parliamentary documents released Thursday.
The proposed legislation outlines a framework that would enable Ukraine to secure 90 billion euros in total funding, which equals approximately $104 billion based on current exchange rates, according to supporting documentation accompanying the draft.
The draft legislation now awaits parliamentary consideration for ratification of the loan agreement with the EU.
