Brussels unveils proposal for €90 billion loan for Ukraine, urging EU lawmakers to approve it fast
The €90 billion loan includes €60 billion for military aid and €30 billion for budget support to prevent Ukraine’s bankruptcy and sustain defense, EU officials said.
- On Wednesday, January 14, 2026, the European Commission unveiled a legal proposal for a €90 billion loan for Ukraine, urging swift approval by the European Parliament and member states in the Council of the European Union.
- After plans to use frozen Russian assets failed, EU leaders faced a financing gap as Ukraine nears bankruptcy and needs fresh funds by spring to stay afloat.
- Under the plan, €90 billion is allocated, with a 'Made in Europe' preference and SAFE model, plus an expert group to assess non-European requests.
- Brussels expects interest costs around €3-4 billion annually and plans to cover them through the EU budget, with repayment deferred until Russia ends the war and pays reparations under a non-recourse design.
- The Netherlands proposed reserving up to $15 billion for non-European military purchases, while Germany seeks to prioritize donor-country firms, creating procurement disagreements, EU officials say.
113 Articles
113 Articles
The New EU Loan to Ukraine
The loan will sustain Kyiv financially, including its defense effort, but it will not be sufficient for a war-ending strategy. For this, the EU should have decided to tap Russian frozen assets, as had been widely anticipated. The loan will sustain Kyiv financially, including its defense effort, but it will not be sufficient for a war-ending strategy. For this, the EU should have decided to tap Russian frozen assets, as had been widely anticipate…
Brussels signals readiness to use frozen Russian assets as Ukraine loan backstop
The European Union has formally unveiled a €90 billion ($105 billion) loan package for Ukraine, reigniting one of the most contentious debates in European financial and legal circles: whether frozen Russian sovereign assets can ultimately be used to fund Kiev’s war effort and post-conflict recovery. While EU officials insist that the proposal complies with European and international law, critics-both inside and outside the bloc-warn that the mov…
The EU has granted Ukraine a new loan of EUR 90 billion, most of which is to buy European weapons, while Kiev needs money for a functioning budget, says Daniel Säwert.
The Commission has proposed a proposal to this effect, following the decision taken at the December summit by the Heads of State and Government of the European Union ...
Brussels presents another loan, through bonds, but exempts three Member States to have unanimity More than half of the money destined for Defense. Volodomyr Zelensky only reimburses us if Moscow will pay for the war damage.After the strenuous discussion among European leaders last December, the Commission now presents a legislative package to provide Ukraine with financial support in the two years 2026-2027. Ursula von der Leyen proposes a loan …
Brussels applied the SAFE rule to the loan to Ukraine: firstly European military purchases, but the war country can buy outside the EU if there is no equipment available.
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