"Adopted!" writes the Council Presidency Hungary on X after written clearance from all member states.
Exactly how much the EU will contribute is still unclear as they await a definitive answer about the US's participation.
The US government was clear about providing assistance of 20 billion dollars, equivalent to 212 billion kronor.
Something like this has never happened before. Never before has a multilateral coalition frozen assets of an attacking country and transferred the value of the assets to defend the attacked, said Daleep Singh, the US's Deputy National Security Adviser.
Singh said that the US is dividing the up to 20 billion dollars that the Biden administration has frozen between civilian and military support.
Even G7 countries Canada and Japan are participating in the loan, with 3.3 billion dollars each, as previously promised.
The loan, where final adjustments to the support will be made, is secured with the help of the revenue from the Russian state funds that have been frozen in banks in EU and G7 countries due to the Russian war in Ukraine.
