The European Commission has provided a forecast on when Ukraine will receive payments on its €90 billion loan
The European Commission has finalized the key elements of a €90 billion financial support package for Ukraine for 2026–2027. The first tranche is expected to be disbursed as early as the second quarter of this year.
This was announced by European Commission spokesperson Balázs Ujvári at a briefing in Brussels, according to Ukrinform. Technical work is currently underway to finalize three documents: a memorandum of understanding, an updated plan under the Ukraine Facility, and the actual loan agreement.
The support package consists of two main parts: approximately 60 billion euros will be allocated for military needs and strengthening the defense industry, and 30 billion euros for budgetary support and the stable functioning of public services. According to European Commission representatives, the first tranche is expected to be disbursed as early as the second quarter of this year. This became possible following political changes in Hungary and a statement by the new Prime Minister, Péter Magyar, regarding his intention not to block European initiatives to assist Kyiv.
The European Commission emphasizes that the funds will be provided on the condition that Ukraine adheres to standards of democratic governance and the rule of law. The loan will be financed through joint EU borrowing on capital markets, and its repayment will begin only after Ukraine receives reparations from Russia. While the EU finalizes the financial aid, the Russian economy has officially entered a systemic recession, which strengthens Ukraine’s strategic resilience and its integration into the European security architecture.
The European Commission has proposed an alternative route for Ukraine to secure funding amid Hungary’s blocking of the main aid package. A letter from European Commissioner Marta Kos to Verkhovna Rada Speaker Ruslan Stefanchuk outlines a list of 11 laws whose adoption would allow Ukraine to attract up to €4 billion.
The European Commission is finalizing the preparation of technical documentation to unblock financial support for Ukraine.
