🏛️💶 EU finalizes €90 billion loan framework for Ukraine
Oneliner
The EU has finalized a €90 billion loan framework to support Ukraine's defense against Russia. The agreement, backed by 24 member states, allocates €60 billion for military procurement and €30 billion for macroeconomic assistance. Ukraine must meet strict conditions, including adherence to the rule of law, to access these funds. The European Parliament will review the legal text, with hopes of disbursing the first tranche by the end of March.
Key points
- EU agrees on a €90 billion loan to support Ukraine's defense and budgetary needs.
- The loan will be financed through joint debt issuance backed by 24 member states.
- Allocation includes €60 billion for military procurement and €30 billion for macroeconomic assistance.
- Ukraine must meet strict conditions, including adherence to the rule of law and anti-corruption measures.
Links
- wydarzenia.interia.pl: Poważne obawy Ukrainy, nie wierzą Trumpowi. Rozwiązaniem "stalowy jeż"
- Der Tagesspiegel: Pläne zum Wiederaufbau: Die Ukraine kann zu einer Goldgrube für Investoren werden
- Politico: EU ambassadors near deal on Ukraine loan
- Politico: EU agrees €90B lifeline for cash-strapped Ukraine
- 20minutos: Los países de la UE cierran el acuerdo para entregar a Ucrania 90.000 millones de euros a través de una nueva emisión de deuda
- ANSA: Accordo sulla posizione del Consiglio Ue sul prestito da 90 miliardi a Kiev - Altre news - Ansa.it
Facts
- The loan framework was agreed upon by EU ambassadors on February 4, 2026.
- 24 EU member states support the loan, excluding Hungary, Slovakia, and the Czech Republic.
- €60 billion is allocated for military procurement, while €30 billion is for macroeconomic assistance.
- Ukraine must meet strict conditions related to the rule of law and anti-corruption.
Quotes
- The new financing will help ensure the country’s fierce resilience in the face of Russian aggression — Makis Keravnos, Cypriot Finance Minister.
- The agreement reached shows that the EU continues to act with determination in support of Ukraine and its people — Makis Keravnos.
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