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EU sends Ukraine €3.9 billion for drones under major support loan

The European Commission says it has transferred €3.9 billion to Ukraine to finance drone procurement as part of the EU’s larger €90 billion support loan.

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Jonnie Smith

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EU sends Ukraine €3.9 billion for drones under major support loan

The European Union has sent Ukraine €3.9 billion to fund the procurement of drones, the European Commission said.

The payment forms part of the bloc’s €90 billion loan package approved earlier this year. The Commission said it follows its first €3.2 billion instalment to Ukraine on June 25 to support the country’s government financing.

European Commission President Ursula von der Leyen said the funds are intended to support advanced drone technology and strengthen Ukraine’s defence, with additional releases expected in the coming periods.

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