The International Monetary Fund (IMF) has completed its latest review of Ukraine's financing programme, clearing the way for the immediate release of around $690 million in additional support. The latest disbursement brings total funding under the programme to about $2.2 billion.
Poland will receive a new $4 billion loan from the United States through the Foreign Military Financing (FMF) programme, strengthening defence ties between the two NATO allies as Warsaw continues a major military modernisation drive.
German Chancellor Friedrich Merz on Thursday (4 December) firmly rejected U.S. proposals to use Russian assets frozen in the European Union for the benefit of the United States, emphasising that these funds should be directed to support Ukraine.
The European Union has approved a landmark €150 billion (nearly $170 billion) Defense Industrial Readiness Loan Instrument, known as SAFE, aimed at bolstering the bloc’s defense sector in the face of rising geopolitical threats.
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