US EditionBrussels unveils proposal for €90 billion loan for Ukraine, urging EU lawmakers to approve it fast
- 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.
66 Articles
66 Articles
The EU Commission sets priorities: the biggest beneficiary of the EUR 90 billion loan to Kiev is to be the Ukrainian military. If Ukraine issues arms projects of fresh money, European companies should also be on the move – before the US competition.
War in Ukraine: The European Commission proposes that Ukraine should primarily use the EU loan to purchase European weapons. For purchases in countries such as…
The €90 billion loan to Ukraine for 2026-27 is to be divided into two parts, according to a proposal from Brussels, with €60 billion allocated to military support for Ukraine and €30 billion to support the budget and implement reforms, said European Commission President Ursula von der Leyen. Ukraine welcomes Brussels' proposal for a loan to help Kiev.
The European Commission President Ursula von der Leyen announced that Ukraine will be able to spend this year and next year on strengthening military capabilities of EUR 60 billion from EUR 90 billion...
The EU Commission has presented its proposal for the agreed loan to Ukraine for more than 90 billion euros. European Commission President von der Leyen said in Brussels that two thirds of the loan is intended for military aid and one third as budget support.
EU says Ukraine will spend most of €90 billion loan on military needs
Commission President Ursula von der Leyen said that two-thirds of the €90 billion EU loan to Ukraine will be spent on EU-made weapons, and that Kyiv would only need to reimburse it once Moscow pays war reparations.
Coverage Details
Bias Distribution
- 47% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
