The European Commission is preparing three technical documents to provide Ukraine with €90 billion

To finalize preparations for the disbursement of a €90 billion loan to Ukraine for 2026–2027, the European Commission must approve three more key documents. 

According to European Commission spokesperson Balázs Újvári, these steps are necessary to ensure the financing can begin immediately after Hungary lifts its veto on changes to the EU’s long-term budget, the EP reports. The Commission officially approved the first of the four required documents today, April 1.

Among the documents still awaiting approval are a Memorandum of Understanding for receiving macro-financial assistance and amendments to the plan under the Ukraine Facility mechanism. Preparations are also underway for a special loan program that will allow for the signing of direct loan agreements with the Ukrainian side. These technical procedures will help avoid delays in the future and ensure stable support for the country amid the war with Russia.

At the same time, the EU continues to exert political pressure on Budapest to unblock the main decision on financing. Currently, the European Commission is operating under a “standby” protocol to ensure funds reach Ukraine as soon as possible once a political consensus is reached. Timely approval of the technical framework is critically important for maintaining Ukraine’s economic stability and defense capabilities in 2026.

The European Commission has proposed an alternative route for Ukraine to obtain 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 secure up to €4 billion.

Hungaryblocks EU loan: the Orbán factor and new risks for Ukraine.