The European Commission proposed making the remaining €45 billion of the European Union’s Ukraine Support Loan available in 2027, setting out how the bloc could divide its next round of support between budget needs and defense production.
The proposal allocates up to €13.3 billion for Ukraine’s budget, split equally between the Ukraine Facility and Macro-Financial Assistance. It sets aside another €31.7 billion for Ukraine’s defense industrial capacity. The funds would be available through Dec. 31, 2027, while member states would decide how to distribute support across the loan’s mechanisms.
The Commission said it assessed a financing strategy that Ukraine submitted Oct. 26. Budget assistance would come with conditions covering the rule of law, anti-corruption, economic resilience and sustainability, alongside safeguards for EU financial interests.
The proposal now goes to the Council of the European Union for adoption. After the Council acts, the Commission plans to take steps to enable disbursements in early 2027.
The move follows an EU summit where leaders left a separate request for additional 2027 financing unresolved, as EconoTimes reported.
