The European Parliament gave its backing on February 11, 2026, to a €90 billion EU loan that will fund Ukraine’s defence and budget in 2026 and 2027.
The vote
MEPs approved the support loan by 458 votes to 140, with 44 abstentions. Related amendments to the Ukraine Facility and to the EU’s long-term budget also passed by large majorities.
How the money will be used
The loan, funded by joint EU borrowing, includes €60 billion for defence capabilities and arms procurement and €30 billion for macro-financial assistance and budget support through the Ukraine Facility. Defence purchases should in principle favour Ukrainian, EU and EEA/EFTA industries, with targeted exceptions.
Russia pays
“Ukraine will repay the principal only once it receives war reparations from Russia,” according to the terms. EU budgets will cover interest costs, estimated at about €1 billion in 2027 and €3 billion a year from 2028.
Czechia, Hungary and Slovakia do not take part in the loan. Ukraine must continue reforms on democratic governance, the rule of law, minority rights and anti-corruption.
Next steps
The Council of the EU must still formally adopt the package. The Commission could then release the first tranche at the start of the second quarter of 2026.
Sources
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