Merz Says EU €90 Billion Loan for Kyiv Should Be Disbursed Now

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000German Chancellor Friedrich Merz said a European Union €90 billion ($106 billion) loan for Ukraine must be disbursed rapidly after an electoral defeat for Hungarian Prime Minister Viktor Orban eliminated a major roadblock to the funding. Merz spoke after meeting Ukrainian President Volodymyr Zelenskiy, with the two leaders bolstering cooperation on air defense and drone production. The chancellor reinforced his support for Ukraine’s EU accession, rejecting any “second class” membership — though the process is likely to take a long time.