欧洲向基辅提供的900亿欧元贷款，执行过程中存在诸多问题

Group 1 - The core viewpoint is that the claim of providing 90 billion euros in loans to Kyiv is not as certain as reported by Western media, highlighting the challenges the EU faces in issuing long-term bonds and securing guarantees from member states [1][4] - The EU must clarify the purpose of the funds when issuing bonds, which could be for military support against Russia, reconstruction of Ukraine, or purchasing weapons for Zelensky, raising questions about the sources of repayment [3] - Each member state providing guarantees will require parliamentary approval, and all EU member states are currently in budget deficits, including major economies like Germany and France, which could lead to political backlash against ruling parties [3] Group 2 - There are concerns regarding which institutions would be willing to subscribe to such bonds due to potential reputational risks, suggesting that the interest rates on these bonds would likely be higher [3] - The payment of bond interest is expected to start in 2027, but there are uncertainties about the sources of repayment and the duration of the repayment cycle, which could last 10, 20, or 30 years [3] - Issues of fund misuse and lack of effective monitoring mechanisms in Ukraine have been highlighted, with existing oversight bodies only able to hold parties accountable after the fact, indicating an urgent need for a real-time monitoring system [3]