Note: Single-source report; awaiting corroboration.
The Council of the European Union has adopted final legislation enabling a €90 billion loan to Ukraine, as agreed by the European Council in December 2025. This decision allows the European Commission to begin disbursing funds in the second quarter of 2026 to support Ukraine's urgent budgetary and defence industrial needs for 2026 and 2027. The loan is conditioned on Ukraine adhering to rule of law and anti-corruption measures.
The funding consists of two components: €30 billion in macroeconomic support, delivered through macro-financial assistance or the Ukraine Facility, to cover essential budgetary deficits; and €60 billion for strengthening Ukraine’s defence industrial capacities, including procurement of defence products from Ukraine, the EU, EEA-EFTA countries, and other eligible third countries meeting regulatory or bilateral agreement requirements.
According to the Council, the loan’s repayments are to come from reparations to Ukraine from Russia. The Cyprus Presidency facilitated the necessary elements for the loan’s disbursement. The regulation was agreed upon through enhanced cooperation among 24 EU member states. The EU remains committed to supporting Ukraine’s sovereignty and territorial integrity.