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Rada ratified agreement with EU on €90 billion loan
The Verkhovna Rada has approved the ratification of a loan agreement with the European Union to provide Ukraine with financial assistance amounting to 90 billion euros.
This was reported by Censor.NET.
Details
The decision was supported by 298 MPs.
The explanatory note states that the draft law sets out the framework for raising funds up to a total of €90 billion, including macro-financial assistance as part of a loan to support Ukraine.
For 2026, the total amount of support is set at 45 billion euros, which will be allocated to:
- defence (up to €28.3 billion) – for the procurement of weapons and strengthening the defence industry;
- the budget (€16.7 billion) – to cover the state budget deficit andensure macro-financial stability;
Funding the budgetary component:
- up to €8.35 billion as macro-financial assistance;
- up to €8.35 billion – additionally through the Ukraine Facility mechanism.
What led up to this?
On 28 May, President Volodymyr Zelenskyy submitted a draft law to the Verkhovna Rada on the ratification of the agreement with the EU regarding a €90 billion loan.
