World Business Report Is EU money enough for Ukraine?
Dec 19, 2025
Timothy Milovanov, an economist and president of the Kyiv School of Economics, discusses Ukraine's €90bn EU loan and the potential risks of insufficient funding. Chris Lowe highlights the challenges of borrowing costs affecting Ukraine and Sri Lanka. Anuradha Mittal shares her experience of being ousted from Ben & Jerry's and the fight for the brand's social mission. Michelle Annabate explores the cultural impact of Peanuts, celebrating its cross-generational appeal and global popularity.
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EU Loan Helps But Falls Short
- The EU agreed a €90bn loan to Ukraine but it covers only about half the expected funds and for a shorter period.
- Timothy Milovanov says this strengthens credibility but is not the final solution and more support will be needed.
Household Strain During Blackouts
- Katarina from Odessa describes daily blackouts, lost food and buying expensive power banks and lamps to cope with winter outages.
- Her account illustrates how civilians face basic survival challenges despite macroeconomic support.
Frozen Assets Debate Signals Larger Risk
- Milovanov calls it a scandal that frozen Russian assets were not used and says political economy explains why confiscation should occur.
- He warns failing to act risks injustice and undermines future asset security in the EU.