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EU Approves €90 Billion Loan to Support Ukraine's War Efforts

2/14/2026

Summary

Story summary

The European Parliament approved a €90 billion loan to Ukraine on February 11, 2026 to address financing needs amid war with Russia.
The package designates €30 billion for budget support and €60 billion for military procurement, with disbursement as early as April 2026.
A compromise allows Ukraine to buy equipment from non-European Union suppliers if European sources are insufficient, as part of broader European Union support including possible 2027 membership.

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Story summary

The European Parliament approved a €90 billion loan to Ukraine on February 11, 2026 to address financing needs amid war with Russia.
The package designates €30 billion for budget support and €60 billion for military procurement, with disbursement as early as April 2026.
A compromise allows Ukraine to buy equipment from non-European Union suppliers if European sources are insufficient, as part of broader European Union support including possible 2027 membership.