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The European Union has announced a €90 billion loan package for Ukraine, with plans to disburse the first tranche by June 2026. This financial aid is intended to bolster Ukraine's military capabilities, with the initial funds directed towards purchasing Ukrainian-made drones. The potential participation of the United Kingdom in this credit facility is also under consideration, which could strengthen Ukraine's defense purchases. However, discussions persist as some EU member states, including Hungary and Slovakia, have shown reluctance to fully support the initiative. The EU emphasizes the urgency of these funds, aiming to cover significant military needs and support Ukraine against ongoing external threats. Additionally, Ukraine's implementation of reforms plays a crucial role in the aid's authorization.
What is the purpose of the €90 billion EU loan to Ukraine?
The €90 billion loan from the EU to Ukraine aims to support military enhancements, particularly focusing on the purchase of defense equipment including Ukrainian-made drones. This financial aid is essential for strengthening Ukraine's military infrastructure amid geopolitical tensions.
When will the first tranche of the EU loan to Ukraine be disbursed?
The European Union plans to disburse the first tranche of the €90 billion loan to Ukraine by the end of June 2026. This tranche is primarily intended for supporting Ukraine's defense capabilities through the acquisition of locally-produced drones.
Is the United Kingdom involved in the EU loan to Ukraine?
The United Kingdom may potentially join the European Union's €90 billion credit facility for Ukraine. This involvement could aid Ukraine in financing its purchase of military equipment, reinforcing its defense strategies against external threats.
Why are some EU member states opposing the loan to Ukraine?
Opposition from certain EU member states like Hungary and Slovakia is primarily due to political dynamics and strategic disagreements. These countries have voiced concerns about aspects of the loan and its implications, affecting unanimity within the EU decision-making process.
What reforms are required for Ukraine to secure the EU loan?
For Ukraine to secure the €90 billion loan, it must implement a series of complex reforms. These reforms are crucial for advancing negotiations on Ukraine's potential accession to the European Union and ensuring transparent and effective use of the funds.
What percentage of the EU loan is allocated to military needs?
Approximately two-thirds of the €90 billion EU loan, equating to €60 billion, is allocated to Ukraine's military needs. This significant portion underscores the EU's commitment to reinforcing Ukraine's defense capabilities amid ongoing geopolitical tensions.
How is the EU planning to bypass objections to the loan?
The EU is actively exploring alternative financing mechanisms to ensure that Ukraine receives the necessary funds, even if some member states continue to object. These mechanisms are designed to overcome political roadblocks and fulfill the EU's commitment to support Ukraine.
What role does reform play in the EU's financial support to Ukraine?
Reforms in governance and economic policy are pivotal for Ukraine to receive continued financial support from the EU. Implementing these reforms is a prerequisite for accessing the full benefits of the €90 billion loan and aligning with EU standards and expectations.
Latest news Aid to Ukraine from Europe
Brussels may approve Ukraine’s purchase of US air defense systems using EU loan funds Ukraine has not yet submitted an application to the European Commission for the next tranches of the EUR 90 billion EU loan related to military support. 796 2 Previously in trend: Aid to Ukraine from Europe shortage of missiles for air defence systems
Ukraine risks losing part of EU aid for first time due to unimplemented reforms – media Ukraine may lose part of the financial assistance from the European Union provided under the Ukraine Facility for the first time. This is due to the late implementation of two reforms. 6 329 27 Previously in trend: Aid to Ukraine from Europe Ukraine Facility
First tranche of loan for Ukraine will be disbursed this month and will be used to purchase drones, - Kallas The first tranche of the €90 billion loan from the EU to Ukraine will be used to purchase drones. 801 9 Previously in trend: Aid to Ukraine from Europe
Ukraine could receive €9.1 billion from EU as early as June, - European Commission Ukraine could receive a total of 9.1 billion euros from the European Union as early as June. 402 2 Previously in trend: Aid to Ukraine from Europe
Von der Leyen welcomed Council’s ratification of loan agreement with EU: It paves way for first disbursements in June The EU welcomed the Verkhovna Rada’s approval of documents regarding Ukraine’s receipt of €90 billion in financial assistance from the European Union. 426 2 Previously in trend: Aid to Ukraine from Europe
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. 1 361 15 Previously in trend: Aid to Ukraine from Europe
Zelenskyy submitted to Rada a bill on ratification of agreement with EU on loan of 90 billion euros President Volodymyr Zelenskyy has submitted a bill to the Verkhovna Rada to ratify the agreement with the EU on a €90 billion loan. 1 817 25 Previously in trend: Aid to Ukraine from Europe
Kubilius called on EU governments to "open their arsenals" to Ukraine and step up arms production European Commissioner for Defense Andrius Kubilius called on countries to open their arsenals to supply weapons to Ukraine and to increase production, while phasing out the manufacture of "high-end" weapons. 600 2 Previously in trend: Aid to Ukraine from Europe
Progress has been made in negotiations on terms of €90 billion tranche for Ukraine, - European Commission Negotiations on the Memorandum of Understanding regarding the provision of macro-financial assistance to Ukraine as part of a $90 billion loan are ongoing. 1 295 16 Previously in trend: Aid to Ukraine from Europe
EU finalizing €6 billion drone package for Ukraine – von der Leyen After another massive Russian attack on Ukraine, the European Union said it was finalizing work on a €6 billion support package for drones. 910 9 Previously in trend: Aid to Ukraine from Europe Drone industry
EU to transfer first tranche of €90bn loan to Ukraine in June: it will be allocated for drones The European Union will transfer the first tranche from a new €90 billion loan package to Ukraine in June, with the funds to be used to purchase drones for the Ukrainian army. 656 9 Previously in trend: Aid to Ukraine from Europe Drone industry
EU will be unable to provide Ukraine with first tranche of €90 billion loan next week – media The European Union will be unable to provide Ukraine with the first tranche of assistance under a €90 billion loan next week. 4 185 10 Previously in trend: Aid to Ukraine from Europe
Switzerland is allocating 50 million francs for Ukraine’s recovery, - Ministry of Economy Ukraine and Switzerland are launching a new phase of cooperation in the field of reconstruction—the total budget for grant support amounts to 50 million Swiss francs. 425 10 Previously in trend: Aid to Ukraine from Europe
Ukraine will receive first tranche of 6 billion euros for purchase of drones, - von der Leyen European Commission President Ursula von der Leyen announced that Ukraine will receive €6 billion to purchase domestically produced drones as part of a €90 billion loan. 1 143 9 Previously in trend: Aid to Ukraine from Europe
Kubilius: Ukrainians must set out clear plan of what they need to win and how much it will cost When planning its assistance to Ukraine, the EU should shift from the approach of "we will stand with Ukraine for as long as necessary" to the principle of "we will stand with Ukraine until it begins to prevail and a just peace is achieved." 2 797 42 Previously in trend: Aid to Ukraine from Europe
Ukraine will allocate first tranche of €90 billion EU support package to domestic defence production, — Zelenskyy Ukraine plans to allocate funds from the first tranche of the 90-billion-euro European support package to domestic production to protect the country. 2 243 24 Previously in trend: Aid to Ukraine from Europe
Macron called EU loan to Ukraine important signal of determination French President Emmanuel Macron stated that the European Union’s decision to grant Ukraine a loan is an important signal of support and a commitment to continued cooperation. 1 105 9 Previously in trend: Aid to Ukraine from Europe
EU loan will allow purchase of Patriot missiles for Ukraine, - Stefanishyna The European Union has released a loan for Ukraine, enabling the purchase of PAC-3 missiles for the Patriot air defense systems. 2 216 22 Previously in trend: Aid to Ukraine from Europe
Ukraine may receive the first €45 billion from the EU loan this quarter, von der Leyen says Ukraine may receive the first €45 billion tranche of the EU’s €90 billion loan as early as this quarter. 1 437 13 Previously in trend: Aid to Ukraine from Europe
Kallas on unblocking loan for Ukraine and sanctions against Russia: Deadlock over The European Union will support Ukraine until Russian dictator Vladimir Putin realizes that the war "has no prospects whatsoever." 1 275 9 Previously in trend: Aid to Ukraine from Europe EU sanctions against Russia
90 billion euros for Ukraine and 20th package of sanctions have been unblocked, - Zelenskyy President Volodymyr Zelenskyy announced that the European Union has unblocked a €90 billion loan for Ukraine. 3 827 34 Previously in trend: Aid to Ukraine from Europe
Zelenskyy: EU has not yet adopted decision on 90 billion euros The European Union has not yet completed the procedure for approving 90 billion euros in loan support for Ukraine. 2 346 18
Implementation of agreement with EU on unblocking 90 billion euros for Ukraine and new sanctions package against Russia is already underway, Zelenskyy says The implementation of our agreement with the European Union on unblocking a support package for Ukraine worth 90 billion euros over two years, as well as a new package of sanctions against Russia over this war, is now effectively already underway. 2 301 25 Previously in trend: Sanctions against Russia Aid to Ukraine from Europe
EU has launched procedure to approve €90 billion for Ukraine and 20th package of sanctions against Russia EU ambassadors have launched a written procedure to approve a €90 billion loan for Ukraine and the 20th package of EU sanctions against Russia, which will run until 23 April. 1 432 20 Previously in trend: Aid to Ukraine from Europe Orban’s blocking of a loan for Ukraine
Zelenskyy discusses with Costa unblocking of €90 billion in aid for Ukraine after Druzhba repairs President Volodymyr Zelenskyy discussed with European Council President António Costa the unblocking of the €90 billion financial aid package. 1 189 9 Previously in trend: Aid to Ukraine from Europe
EU plans to provide Ukraine with first tranche of €90bn loan by end of June – Dombrovskis With the change of prime minister in Hungary, the European Union plans to begin disbursing a €90 billion loan to Ukraine, with the first tranche expected at the end of June. 864 6 Previously in trend: Aid to Ukraine from Europe
Britain may join EU’s €90 billion loan for Ukraine, - Times The European Union may allow the United Kingdom to join a €90 billion credit facility for Ukraine, which is intended to finance the purchase of approximately €60 billion worth of military equipment in the coming years. 1 482 6 Previously in trend: Aid to Ukraine from Europe
First tranche from €90 billion loan will be spent on Ukrainian-made drones – Kubilius The first tranche of military aid to be provided under the EU’s €90 billion loan will be directed toward the purchase of Ukrainian-made drones. 1 221 9 Previously in trend: Aid to Ukraine from Europe Drone industry
Kallas’ statement that there is no "good news" is hint to MPs that they should vote in favor of IMF’s package of bills, - "Servant of People" MP Vasylevska-Smahliuk The European Union is waiting for Ukraine to adopt the necessary decisions regarding the IMF’s package of draft laws. 2 744 24 Previously in trend: Aid to Ukraine from Europe
Zelenskyy met with Kallas: they discussed release of €90 billion loan for Ukraine President Volodymyr Zelenskyy met with the European Union’s High Representative for Foreign Affairs and Security Policy, Kaja Kallas, who arrived in Kyiv on March 31. 1 428 4 Previously in trend: Aid to Ukraine from Europe
If EU does not unblock loan of 90 billion euros, we hope for alternative, - Zelenskyy President Volodymyr Zelenskyy is hoping for an alternative solution that would allow Ukraine to secure funding if the EU is unable to unblock the €90 billion loan for Ukraine. 2 860 20 Previously in trend: Aid to Ukraine from Europe Orban’s blocking of a loan for Ukraine
EU has not approved loan to Hungary for rearmament due to its veto of loan to Ukraine, — media The European Commission has "put on hold" the approval of Hungary's loan plan for rearmament under the SAFE program. 4 858 17 Previously in trend: Anti-Ukrainian position of Orban Aid to Ukraine from Europe
Slovakia may block €90 billion EU loan for Ukraine in future, — Fico Slovak Prime Minister Robert Fico has not ruled out the possibility that his country might also block a European Union loan of 90 billion euros for Ukraine in the future. 3 430 21 Previously in trend: Aid to Ukraine from Europe
Ukraine expects to receive first tranche of EU loan in April, Zelenskyy says Ukraine expects that European Union leaders will find a way to provide the first tranche of financial assistance in April. 1 214 20 Previously in trend: Aid to Ukraine from Europe
Aid to Ukraine may not be unblocked before elections in Hungary, - Tusk Due to Viktor Orbán's stance, aid to Ukraine may not be released until the Hungarian elections on April 12. 1 422 12 Previously in trend: Aid to Ukraine from Europe
Ukraine will receive €90 billion from EU despite Orbán’s veto, - von der Leyen. VIDEO European Commission President Ursula von der Leyen has stated that the EU will proceed with funding for Ukraine despite Budapest’s stance. 7 403 30 Previously in trend: Aid to Ukraine from Europe
Agreement on 90 billion euros loan for Ukraine must be implemented without delay, - Macron French President Emmanuel Macron believes that the €90 billion loan for Ukraine is a unanimous agreement among EU leaders, and therefore it must be implemented. 1 074 4 Previously in trend: Aid to Ukraine from Europe
Orban and Fico refused to back European Council summit conclusions on aid to Ukraine Hungarian Prime Minister Viktor Orban and Slovak Prime Minister Robert Fico did not sign the conclusions of the European Council summit on Ukraine, which referred, among other things, to a €90 billion loan for Kyiv. They were the only two among the 25 EU leaders to oppose them. 3 970 38 Previously in trend: Anti-Ukrainian position of Orban Aid to Ukraine from Europe
Europe must increase pressure on Russia, - Nauseda Lithuanian President Gitanas Nausėda has called on European countries to step up pressure on Russia due to the lack of signs that it is prepared to end the war against Ukraine. 717 6 Previously in trend: Aid to Ukraine from Europe
EU working hard with Orban on 90 billion loan for Ukraine, - Kallas European Council President António Costa is working tirelessly to resolve the issue of Hungary blocking a 90 billion hryvnia loan to Ukraine. 1 073 14 Previously in trend: Aid to Ukraine from Europe
We are ready to support Ukraine once we receive our oil, - Orbán Hungarian Prime Minister Viktor Orbán arrived at the EU summit and stated that he would not support any decision regarding aid to Ukraine until the "Druzhba" oil pipeline is restored. 3 160 46 Previously in trend: Anti-Ukrainian position of Orban Aid to Ukraine from Europe
EU leaders to pressure Orban over blocking €90 billion loan for Ukraine - Reuters EU leaders are preparing to step up pressure on Hungarian Prime Minister Viktor Orbán to unblock a €90 billion financial aid package for Ukraine. 936 5 Previously in trend: Aid to Ukraine from Europe
There is no alternative to €90 billion from EU, — Zelenskyy President Volodymyr Zelenskyy hopes that the EU will resolve the issue of granting Ukraine a €90 billion loan tomorrow. 2 468 31 Previously in trend: Aid to Ukraine from Europe
Macron on EU’s €90 billion loan for Ukraine: We will do everything possible to unblock it French President Emmanuel Macron has assured that EU partners will do everything possible to ensure that the commitment on a €90 billion loan for Ukraine is fulfilled. 1 049 5 Previously in trend: Aid to Ukraine from Europe
Orbán’s blocking of €90 billion for Ukraine: Zelenskyy calls on EU to develop "plan B" President Volodymyr Zelenskyy said there is a need to develop a "plan B" in case the blackmail by Hungarian Prime Minister Viktor Orbán over the €90 billion EU loan cannot be overcome in time. 1 751 25 Previously in trend: Aid to Ukraine from Europe
EU finds way to provide Ukraine with funds bypassing Orban and Fico - Politico Ukraine will receive funds from the EU even if Hungary and Slovakia continue to block the €90 billion loan. 5 591 33 Previously in trend: Aid to Ukraine from Europe Hungary opposes support for Ukraine
EU covers two-thirds of Ukraine’s financial needs, — Dombrovskis The EU continues to work on unblocking the loan for Ukraine. 1 263 1 Previously in trend: Aid to Ukraine from Europe
Ukraine recovery: European partners approve 1.5 billion euro package of programmes – Kuleba. INFOGRAPHICS The Steering Board of the Ukraine Investment Framework (UIF) has approved a new package of eight programmes worth 1.5 billion euros. 743 10 Previously in trend: Aid to Ukraine from Europe Restoration of Ukraine
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