The NYT evaluated whether Trump can cancel the new US loan to Ukraine for $20 billion.
US President Donald Trump may try to cancel the loan entrusted to Ukraine for $20 billion, but for this, he needs to overcome resistance from Republicans and gain the approval of European partners.
The New York Times reports that even if the future administration decides to lift sanctions on the Russian Central Bank, it will not affect the part of the loan provided by the European Union.
The Biden administration transferred funds to Ukraine on December 10 through the World Bank. The loan is part of a larger $50 billion aid package agreed upon by the G7 countries this year. The US and the EU have frozen assets of the Central Bank located in Europe due to Russia's invasion of Ukraine.
The money will be repaid from the interest on Russian assets and will be provided in parts to ensure economic stability after the change of administration in the US.
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