The European Commission has approved a package of documents to prepare a €90 billion loan for Ukraine for 2026–2027, despite Hungary continuing to block the final decision.
European Pravda reported this, citing the European Commission’s press service.
Details
The European Commission approved a proposal outlining the volume of financial assistance to Ukraine for 2026 and the mechanisms for its use. In 2026 alone, Ukraine could receive €45 billion – half of the total package.
Of this amount, €16.7 billion will support the state budget, while €28.3 billion will go toward defense, including weapons production.
The plan also simplifies procurement procedures for the Ukrainian military. The EU will allow Ukraine to bypass standard rules to speed up drone purchases. In the future, similar mechanisms may apply to other types of weapons, including missiles and ammunition.
The European Commission also gave a positive assessment of Ukraine’s financial strategy submitted on March 24. At the same time, budget support will depend on progress in rule of law, anti-corruption efforts, and economic resilience.
Context
EU leaders politically agreed on the €90 billion support package in December 2025. However, all EU member states must approve it before funds can be disbursed.
Hungary remains the only country blocking the decision. Budapest insists it will not support the package until Ukraine restores oil transit to Hungary via the Druzhba pipeline, which suffered damage during a large-scale Russian strike.
The €90 billion loan is expected to finance government operations, defense, security, and long-term stability.
Earlier, The Ukrainian Review reported that Baltic and Nordic countries are considering providing Ukraine with around €30 billion in bilateral loans if Hungary and Slovakia continue to block the joint EU package.
