Overview
- EU governments, which approved the budget change Thursday, authorized a €90 billion loan for Ukraine covering 2026–2027.
- Money will start flowing once Ukraine opens a dedicated account at Germany’s Deutsche Bundesbank and grants the EU the right to monitor spending from it.
- The first military tranche totals €6 billion and is expected by June to buy Ukrainian‑made drones, with later packages expected to add ammunition and air‑defense systems.
- The EU set €16.7 billion in 2026 budget support, including €8.35 billion in Macro‑Financial Assistance paid in three tranches: about €3.2 billion by June, €3.7 billion in summer, and €1.45 billion in autumn.
- The remaining 2026 budget aid will come through the reform‑linked Ukraine Facility, which will require agreed rule‑of‑law and anti‑corruption steps before each payment, in a process now under negotiation.