European Commission today outlined preparatory actions for the €90 billion Ukraine Support Loan, including a proposal for €45 billion to be disbursed in 2026. The package details that up to €28.3 billion will fund Ukraine’s defence procurement, with €16.7 billion earmarked for budget support through the Ukraine Facility and Macro‑Financial Assistance. A separate decision allows Ukraine to use procurement derogations for drones, enabling rapid acquisition of essential equipment. The loan aims to cover two‑thirds of Ukraine’s 2026‑2027 financing needs, supplementing prior €195 billion of EU support and international aid. The Council will decide on the 2026 allocation, after which the Commission will initiate borrowing and disbursement.
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