European Parliament Approves €90 Billion Loan Package for Ukraine

Major Financial Support for Ukraine

According to Главком: On February 11, 2026, the European Parliament voted to approve a substantial €90 billion loan package for Ukraine, covering the period from 2026 to 2027. The vote passed with 458 members in favor and 140 against. This crucial financial assistance is designed to cover approximately two-thirds of Ukraine's budgetary needs over the next two years, providing a significant boost to its stability.

Allocation of Funds

The €90 billion in funding will be directed toward two primary areas:

• Strengthening defense capabilities
• Providing macro-financial assistance

A significant portion, €60 billion, is earmarked for bolstering Ukraine's defense and purchasing military equipment. Priority for these contracts will be given to Ukraine's own defense industry, as well as to manufacturers within the European Union and the European Free Trade Association.

The remaining €30 billion is allocated for macro-financial assistance, which will be disbursed through the Ukraine Facility program to support the Ukrainian state budget. The first payment is anticipated in early Q2 of 2026, though the decision must still be formally adopted by the European Council to take full effect. This approval process is a standard step for major EU financial instruments.

Overall, this loan package represents a vital commitment to supporting Ukraine amid ongoing economic challenges and defense needs, and is expected to have a major impact on the country's stability in the coming years.

The European Parliament's backing of this financial package for Ukraine, against the backdrop of war and economic hardship, underscores the critical role of international aid in ensuring regional stability.

This support could prove decisive in maintaining Ukraine's defensive capacity and fostering economic recovery, which is especially urgent given the protracted conflict. Observing the subsequent steps taken by European institutions and the Ukrainian government will be key to understanding future trends in both the economic and security spheres.