Interest on loans to Ukraine to cost EU budget at least 35 bln euros — Politico

The EU's upcoming seven-year budget must allocate at least €35 billion to cover interest on past loans to Ukraine, with potential costs rising if interest rates increase. The European Commission notes the budget can handle these costs but a funding source must be identified. EU leaders will discuss further financial commitments to Ukraine at a summit in late November amid some member states' resistance to servicing future loan interest.