Ukraine’s parliament ratifies an agreement with the European Union providing up to €90 billion in financial assistance for 2026–2027, according to reports from Kyiv Post and Cyprus Mail. The ratification clears the way for the government to receive the financing and use it to support defence spending and ongoing funding needs tied to the war with Russia, now in its fifth year. The proposed package includes funds intended for weapons procurement and support for the defence industry, along with budget support to help cover public spending. Some portions of the assistance are described as linked to implementation of tax and broader economic reforms required by EU conditions. Following the parliamentary vote, President Volodymyr Zelensky/Volodymyr Zelenskiy thanks lawmakers and European partners, reflecting that the measures are part of the process to mobilize record levels of funding. Both outlets present the ratification as a step toward activating the loan deal and maintaining continuity of financing into the 2026–2027 period, with release of additional tranches dependent on compliance with specified reform requirements.
Ukraine ratifies €90 billion EU loan for 2026–2027 defence and budget support
Ukraine’s parliament ratifies an agreement with the European Union providing up to €90 billion in financial assistance for 2026–2027, according to reports from Kyiv Post and Cyprus Mail. The ratificat...
- Ukraine’s parliament ratifies an EU loan/financial assistance agreement of up to €90 billion.
- The assistance is intended for 2026–2027 and is aimed at defence-related spending and broader budget support.
- The package includes funding for weapons purchases and development of Ukraine’s defence industry.
- Some tranches are tied to tax and economic reforms required by the EU.
- President Volodymyr Zelensky thanks lawmakers and EU partners after the ratification vote.
Ukraine’s parliament ratified a loan agreement with the European Union on Thursday, paving the way for €90 billion in financing and allowing the government to channel record funds to defence and the war with Russia now in its fifth year. Immediately after the vote, President Volodymyr Zelenskiy thanked the lawmakers and European partners, saying the […]
3 months agoPresident Zelensky submitted a bill to the Verkhovna Rada to ratify agreements with the EU on up to €90 billion ($104 billion) in financial assistance for 2026-2027. The package includes funding for weapons purchases, defense-industrial development, and budget support, while additional tranches are tied to tax and economic reforms required by Brussels.
3 months ago
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