Multi-billion EU loan: how much will it help Ukraine?

Most of the money will be invested in the Ukrainian defence industry, says political scientist Ihor Petrenko in Unian:

“ For us, the main question is where this money goes. Not towards plugging budget gaps, as is often assumed. Instead, the 90 billion euros over a two-year period will enable the defence industry to plan ahead. For example, Ukraine currently produces around 1,000 interceptor drones a day. Technically, we could boost production to 2,000 – without investing more in equipment but simply through sufficient funding. There is no shortage of factories, engineers or engineering solutions – what is lacking is cash flow. It is precisely this gap that the European loan is supposed to fill.”