The EU is drafting rules for a €90 billion package: when Ukraine can receive the first tranche of the joint loan
12 January 21:35
The European Commission is preparing to publish a proposal for a regulation that will set out the conditions for providing Ukraine with funding under a joint European loan. This refers to the support mechanism agreed upon by EU leaders at the summit in Brussels on December 18–19, 2025.
This was announced by European Commission spokesperson Balázs Ujvári during a briefing in Brussels, according to Ukrinform , as reported by "Komersant Ukrainian".
When the funds may arrive
According to Ujvari, the European Commission plans to submit the necessary legislative proposals as soon as possible so that payments to Ukraine can begin as early as the start of the second quarter of this year.
“We need to propose a certain number of legislative acts as soon as possible so that we can begin disbursing funds,” the spokesperson said.
The package of documents is expected to be presented in the near future. It will define the technical and political conditions for receiving the tranches.
The European Commission is withholding details regarding the future regulations. In particular, they have not yet disclosed the ratio between budgetary and defense assistance within the loan program.
“You will find the answer as soon as the proposals are submitted,” Uzhvary noted, commenting on the question of the financing structure.
This caution stems from the fact that the document is still in the drafting stage and must undergo approval procedures within EU institutions.
€90 billion in support
The draft regulation is part of a broader European Union decision on long-term support for Ukraine. On December 19, European Council President António Costa announced that EU leaders had agreed to provide €90 billion in support to Ukraine for 2026–2027.
The funding is provided in the form of a loan from the EU budget and is intended to be one of the key financial instruments for supporting Ukraine during the war.
Not all countries are in favor
At the same time, the decision is not entirely unanimous. Three EU member states—the Czech Republic, Hungary, and Slovakia—will not participate in the implementation of this loan mechanism. This means that the funding will proceed without their contribution, but it does not block the Union’s overall decision.
A similar “coalition of the willing” model has already been used in the EU for sensitive financial and security issues.
President Volodymyr Zelenskyy previously emphasized that the EU’s decision to provide €90 billion in support is not only a financial but also a political signal.
In his view, this demonstrates to Russia the European Union’s readiness to provide long-term support to Ukraine and its confidence that the country will prevail in the war.
