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The European Union has a new plan: raise a €35 billion loan, hand it over to Ukraine and help the country plug the massive hole left in its budget by Russia’s invasion, which is nearing its 1,000th day with no resolution in sight. “We understand the tremendous financing needs created by the war,” Ursula von der Leyen said on Friday during a visit to Kyiv. “You need to keep the state and the economy running and at the same time bolster your defence capacity against the Russian aggression.” The European Commission president promised the loan would provide Ukraine with “much-needed fiscal space” …

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