The European Union will dedicate most of a massive new loan program to Ukraine’s military needs over the next two years while also injecting billions into its war-ravaged economy, European Commission President Ursula von der Leyen said Wednesday.

Support will be financed through EU-wide capital market borrowing, with option to use frozen Russian assets for repayment - Anadolu Ajansı

The European Commission has formally unveiled a 90-billion-euro ($105 million) loan for Ukraine, intended to cover a large part of Kyiv’s financing needs for the next two years.

Also in this newsletter: how pressure is mounting on the EU to get tough on Iran's Revolutionary Guard, and the view from Cyprus as Ursula von der Leyen's team visits to mark the start of the EU Council presidency.

European Commission President Ursula von der Leyen is scheduled to visit Syria later this week, marking her first trip to the country since the collapse

European Commission President Ursula von der Leyen called for the creation of an independent Europe on Thursday after receiving the prestigious Charlemagne Prize in the western German city of Aachen. "An independent Europe - I know this message sounds ...