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European Parliament Approves €90 Billion Ukraine Support Package for 2026–2027

Final adoption now rests with the Council of the EU before first funds can flow in early Q2 2026.

Overview

  • Lawmakers passed three acts under an urgent procedure by 458 votes to 140 with 44 abstentions to unlock the two-year loan program.
  • The package allocates €30 billion for macro‑financial and budget support via the Ukraine Facility and €60 billion to strengthen defence capacity and fund equipment purchases, with targeted derogations allowing third‑country procurement if EU supplies are unavailable.
  • Disbursements are conditioned on sustained commitments to democratic governance, the rule of law, human rights including minority protections, and anti‑corruption reforms.
  • Financing will come from joint EU borrowing backed by the EU budget, with debt‑service costs covered by annual EU budgets estimated at about €1 billion in 2027 and roughly €3 billion per year from 2028.
  • Proceeding under enhanced cooperation after refusals by Czechia, Hungary and Slovakia, the measure still requires formal Council approval before the Commission can make the first payment.