Ukrainian Parliament Ratifies EU Loan to Increase Defense Spending

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Ukrainian rescuers work to extinguish a fire after an air attack on an industrial facility in Zaporizhzhia, Ukraine, on May 15, 2026. Darya Nazarova/AFP via Getty ImagesUkraine’s parliament has ratified a multi-billion-euro loan agreement with the European Union, which will allow Kyiv to boost defense spending amid the war with Russia, now in its fifth year.Ukrainian parliamentarians backed the loan on May 28 with 298 votes—far more than the 226 required for a majority.

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