The EU has allocated a €90 billion loan to Ukraine: what will it be used for

FINANCE 24.02.2026 / Author:
The EU has allocated a €90 billion loan to Ukraine: what will it be used for

European Parliament President Roberta Metsola signed the corresponding agreement today.

The European Parliament has allocated a €90 billion loan to Ukraine for 2026-2027. This was reported by Dengi.ua, citing a post by European Parliament President Roberta Metsola on the X network, as reported by the portal PromPolitInform.

“An agreement to provide Ukraine with a €90 billion support loan on behalf of the European Parliament has just been signed,” Roberta Metsola wrote.

According to the EU official, the funds will be used:

To strengthen the work of essential public services;

To maintain Ukraine’s strong defense capability;

To protect our common security and freedom;

To achieve genuine and lasting peace;

To secure Ukraine’s future in Europe.

Furthermore, it was previously reported that Ukraine had fulfilled the conditions for receiving a loan from the IMF.

It was also reported that the European Union is discussing a new, previously unused approach to enlargement, which could allow Ukraine to gain limited participation in the bloc as early as 2027.