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EU’s €90 Billion Ukraine Loan Now Expected to Start in Early June, Sources Say

Pending signatures on three agreements hold up the first tranche.

Overview

  • Unnamed Brussels sources told Ukrainska Pravda that the first payout will not arrive before early June, contradicting Commissioner Marta Kos’s view that payments could begin next week.
  • The hold‑up centers on three texts that still need coordination and signatures: the full €90 billion loan agreement, an addendum to the Ukraine Facility loan, and a memorandum of understanding on macro‑financial aid.
  • Sources said the opening disbursement is expected to include €5.9 billion for military support and €3.2 billion for budget help through macro‑financial assistance.
  • Kos said the money will support Ukraine’s defense and basic state functions, and she added that disbursements run through 2027 and depend on Kyiv delivering reforms.
  • The EU Council approved the €90 billion package on April 23 to shore up Ukraine’s finances and repair critical infrastructure such as energy systems.