HomeEUEU expects positive decisions on 90 billion euro loan to Ukraine on...

EU expects positive decisions on 90 billion euro loan to Ukraine on Wednesday

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LUXEMBOURG, April 21 (Reuters) - ‌The European Union's foreign policy chief Kaja ​Kallas said she expected "positive decisions" on the 90 billion euro ($105.94 ⁠billion) loan for Ukraine to be made on Wednesday.

This month's electoral defeat of Hungary's Prime Minister Viktor Orban, ​Ukraine's harshest EU foe, could pave the way for the loan ‌that Kyiv urgently needs to fund the war with Russia. The loan was originally agreed upon by all EU ⁠member states in December.

"We expect some positive ⁠decisions tomorrow on the 90 billion loan," Kallas told reporters on Tuesday, as EU foreign ministers gathered to meet in Luxembourg.

"Ukraine really needs this loan and it's ‌also a sign that Russia cannot outlast Ukraine. This ⁠is extremely important at this moment," ‌she added.

That view was echoed by ​Irish foreign minister Helen McEntee.

"It's really important as an EU that we make progress on the 90 billion ‌euro loan, that we make progress ​on the 20th package ⁠of sanctions and that we're able to exert ‌as much pressure as ⁠possible on Russia," she said.

"I was in Ukraine with a number of colleagues in recent weeks and what's very ​clear is that ‌we are at that breaking point where that loan is ⁠absolutely essential," added McEntee.

($1 = ​0.8495 euros)

(Reporting by Lili Bayer, Inti Landauro, Sudip Kar-Gupta, ​Editing by William Maclean)

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