The Ministry of Finance welcomes the decision of the EU Council regarding the intention to provide Ukraine with EUR 90 billion in financial assistance for 2026–2027

Following the meeting of the EU Council, the leaders of EU Member States reaffirmed their readiness to support Ukraine in ensuring financial stability in 2026–2027, particularly to cover urgent budgetary, military, and defense needs.

The parties agreed to provide Ukraine with EUR 90 billion. The loans will be issued through EU borrowing on capital markets, secured by the EU budget’s reserves. Ukraine will begin repayment only after russia compensates for the damages caused by its aggressive war.

“This decision aims to ensure continuous financing for Ukraine, including its budgetary and defense needs, starting from the second quarter of 2026. It also confirms the European Union’s long-term support for Ukraine. The Ministry of Finance of Ukraine will continue working with European institutions to coordinate all details and launch this initiative as soon as possible. I am grateful for the understanding of Ukraine’s needs and the adoption of the necessary decisions,” stated Minister of Finance of Ukraine Sergii Marchenko.

The proposal will enter into force after review and approval by the European Parliament and the EU Council.

The EU Council and the European Parliament will continue to work on the technical and legal aspects of establishing a Reparations Loan instrument based on funds linked to immobilized russian assets.