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Ukraine Gets €90 bn EU Loan, Raises Troops’ Wages

6/12/2026

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Story summary
  • Ukraine secured a €90 billion European Union loan to fund a record 2024 defence budget of 4.4 trillion hryvnias.
  • President Volodymyr Zelenskiy announced a one-third increase in basic military pay, raising the basic wage to 30,000 hryvnias.
  • Frontline infantry will earn 300,000 hryvnias and may sign 10-, 14- or 24-month combat contracts.
  • About 10,000 foreign volunteers from more than 70 countries have joined the Ukrainian army since the war began.