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Zelensky and Meloni Urge Action on EU €90 Billion Ukraine Loan as Italy Renews Support

The leaders framed Iran-related instability as a risk to European energy security.

Overview

  • During a March 5 call, the two leaders discussed Iran’s actions and resulting fuel market pressures, calling for closer European coordination.
  • They coordinated efforts to bring the stalled EU €90 billion loan for Ukraine into effect, with Zelensky describing it as secured by frozen Russian assets.
  • Zelensky thanked Italy for winter energy assistance, and Meloni affirmed continued military aid and a leading role for Italy in Ukraine’s reconstruction.
  • Both sides stressed the need for Europe and the United States to maintain a common position while reviewing steps toward a just and lasting peace.
  • They presented a joint stance opposing the IPC decision on Russian and Belarusian flags, and Italy has said it is preparing for potential Middle East–related energy disruptions.