Ukraine to receive €90bn loan from the EU
The European Parliament has supported the granting of of a €90bn loan for a period of 2026-2027.
The following voted in favour of the decision 458 MEPs, 140 were against, more 44 abstained.
How the aid will be financed
The funds are expected to be raised through European Union loans on international financial markets.
At the same time interest on the loan will be covered by the EU budget, This should reduce the financial burden on Ukraine.
What do you need the funds for
The funding is expected to be used to:
Stabilisation of public finances;
restoration of infrastructure;
support economy and social benefits in a time of war.
Context.
The European Union remains a key financial partner of Ukraine, The Bank of Ukraine has been regularly adopting macro-financial assistance and recovery programmes.
The new loan package is seen as a long-term support tool, was designed to ensure the country's macroeconomic stability during the war and post-war reconstruction.
Experts note that the scale of the assistance indicates maintaining the EU's strategic support for Ukraine in the coming years.
Ukrainian
English
