The EU aims to finalize a €9bln Ukraine loan package this week for Ukraine. The new macro-financial assistance program for Kyiv would consist of 25-year loans with a 10-year grace period to reimburse the principal. Additionally, interest payments would be covered by the EU budget. Meanwhile, president Zelensky said that Russia invasion has put almost half of Ukraine’s economy out of action and continues to pose a serious risk of a global food crisis.