EU releases 3 billion-euro loan package for Ukraine’s recovery as part of 2-year commitment
The payment begins a series of disbursements tied to reforms and anti-corruption rules, with another €6 billion for drone production due soon.
- On Thursday, European Commission President Ursula von der Leyen announced the European Union transferred the first €3.2 billion tranche of a €90 billion loan to Ukraine at the Ukraine Recovery Conference in Gdansk, Poland.
- Brussels accelerated technical and legal preparations to establish the €90 billion loan, aiming to prevent the government in Kyiv from defaulting after political delays involving Hungary were resolved in late April.
- In the coming days, the European Union will disburse about €6 billion for drone production, with military funds requiring "Made in Europe" components, except for specific parts Ukraine sources from China.
- Ukrainian Prime Minister Yulia Svyrydenko led her delegation to the conference, where they plan to sign 160 deals totaling over €10 billion to support reconstruction despite recent diplomatic tensions with Poland.
- For 2026, the European Union has allocated €45 billion for Ukraine, comprising €16.7 billion for financial support and €28.3 billion for military aid, signaling long-term commitment to the nation's reconstruction.
57 Articles
57 Articles
The first transfers as part of a 90 billion euro support package for Ukraine are going to Kiev this year and next year.
The EU has paid the first tranche (3.2 billion) to support Volodymyr Zelensky and six more will soon be allocated to buy Ukrainian drones. With these funds Brussels finances the war against the Kremlin. And it does not hide it anymore: it is a conflict that is convenient.From the European Union are coming for Ukraine about 10 billion euros, as the first tranche of a total of 90 billion within two years, destined to the military upgrade of Kiev b…
Ukraine received EUR 3.2 billion as the first disbursement of the European Union support loan of EUR 90 billion, announced Ursula von der Leyen, President of the European Commission, at the summit of the reconstruction of Ukraine taking place in Gdansk, Poland. The tranche is intended to help cover the budgetary gaps in Kiev and ensure the country's financial stability.
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