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EU Launches €90 Billion Loan for Ukraine Defense and Support

4/4/2026

Summary

Story summary

On April 1, 2026, the European Commission launched a €90 billion Ukraine Support Loan to back budgetary support and defense procurement in 2026–2027.
The proposal would mobilize €45 billion by December 31, 2026, including €16.7 billion for budget support and €28.3 billion for defense capabilities, notably drones.
Member States will decide the allocation, as part of a broader €195 billion aid package since the start of Russia's aggression against Ukraine.

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Story summary

On April 1, 2026, the European Commission launched a €90 billion Ukraine Support Loan to back budgetary support and defense procurement in 2026–2027.
The proposal would mobilize €45 billion by December 31, 2026, including €16.7 billion for budget support and €28.3 billion for defense capabilities, notably drones.
Member States will decide the allocation, as part of a broader €195 billion aid package since the start of Russia's aggression against Ukraine.