EU will seek to exclude Ukraine loan guarantees from deficit calculations By Reuters
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EU will seek to exclude Ukraine loan guarantees from deficit calculations By Reuters

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The European Commission, led by Valdis Dombrovskis, is proposing that financial guarantees for Ukraines reparation loan from EU members wont affect their deficit calculations, easing fiscal pressure.

Why It Matters

This decision by the European Commission is crucial as it enables EU nations to support Ukraine financially without compromising their fiscal health, reflecting the EUs commitment to assisting Ukraine in its ongoing conflict with Russia.