Ukraine to receive nearly €3 billion more from EU
Photo: Ukrainian Prime Minister Yulia Svyrydenko (facebook.com/KabminUA)
The Council of the European Union has approved a decision to provide Ukraine with financial assistance worth nearly €2.8 billion, according to Ukrainian Prime Minister Yulia Svyrydenko.
European Commission assessment and reform progress
The allocation of the latest tranche became possible after the European Commission positively assessed Ukraine’s fulfillment of the conditions under the Ukraine Plan for the fourth quarter of 2025. The funds are provided under the large-scale four-year Ukraine Facility support program.
Svyrydenko expressed gratitude to members of parliament for the swift adoption of the necessary legislation. As of the end of May 2026, the government and parliament together have already completed 86 steps of the Ukraine Plan, while another 65 are still being implemented.
"We continue to jointly implement reforms and move along the path of European integration. We are sincerely grateful to our European partners for their support and trust," the head of government stressed.
Details of the Ukraine Facility program
The Ukraine Facility is a key financial support instrument for Ukraine during the war. The total budget of the initiative for 2024–2027 is €50 billion.
With the new tranche included, Ukraine has already received €26.8 billion in European assistance since the launch of the program in 2024.
EU macro-financial support and loans
On May 20, 2026, the European Commission signed a memorandum of understanding on macro-financial assistance to Ukraine worth €8.35 billion.
These funds are part of a broader €90 billion support package aimed at strengthening Ukraine’s economic resilience, increasing domestic revenues, and intensifying anti-corruption efforts.
Earlier, on April 23, 2026, the European Council formally approved the provision of this loan. Under amendments to EU regulations, the financing will be raised on capital markets with guarantees from the EU budget.
Importantly, Ukraine will not have to repay the €90 billion loan on its own. It is expected to be covered by future reparations from Russia.
In addition, Brussels is finalizing a strong response to the escalation of Russian air terror. In particular, the EU is preparing a €6 billion aid package for large-scale drone procurement and strengthening Ukraine’s unmanned capabilities.
