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EU Approves €60bn Ukraine Loan for UK Weapons

7/11/2026

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Summary

Story summary

EU will let Ukraine use a €60 billion loan for British weapons, with the decision expected at a Paris meeting.
The loan forms the defence part of the EU’s €90 billion Ukraine support package.
The United Kingdom will fund only contract value and interest, not a fixed access fee.
Negotiations were finalised on the NATO summit sidelines in Ankara, while the Netherlands urged fast-tracking U.S. air-defence missiles from the €90 billion fund.

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Story summary

EU will let Ukraine use a €60 billion loan for British weapons, with the decision expected at a Paris meeting.
The loan forms the defence part of the EU’s €90 billion Ukraine support package.
The United Kingdom will fund only contract value and interest, not a fixed access fee.
Negotiations were finalised on the NATO summit sidelines in Ankara, while the Netherlands urged fast-tracking U.S. air-defence missiles from the €90 billion fund.