On May 28, 2026, the Verkhovna Rada of Ukraine adopted a law ( reg. No. 0376 ), which provides for the ratification of international agreements on the creation of a legal framework for attracting macro-financial assistance from the European Union in the amount of up to 90 billion euros.
This was reported by the press service of the Parliament.
The Loan Agreement and Memorandum of Understanding define the technical and procedural aspects of raising funds for 2026–2027. The document clearly sets out the mechanism for repaying this loan – from the proceeds of frozen assets of the Russian Federation, and the interest will be covered by the EU budget.
A total amount of support of up to EUR 45 billion is planned for 2026, divided into two strategic areas:
- defense part (up to 28.3 billion euros) - is aimed at purchasing weapons and strengthening the Ukrainian defense-industrial potential (DIP);
- the budgetary part (16.7 billion euros) will ensure macro-financial stability and cover the state budget deficit.
In turn, the budgetary part will be financed in equal parts through two separate instruments:
- Up to 8.35 billion euros – directly as macro-financial assistance (within the framework of the signed Memorandum).
- Up to 8.35 billion euros – additionally through the already existing Ukraine Facility instrument.
Terms and payment schedule
According to the Memorandum of Understanding, the macro-financial part of the budget support will be provided in three tranches: EUR 3.2 billion, EUR 3.7 billion, and EUR 1.45 billion, respectively.
As noted on the website of the Verkhovna Rada of Ukraine, the Memorandum of Understanding defines the conditions for receiving budget support. To this end, Ukraine has committed to implementing policy measures in three main components:
- domestic revenue mobilization;
- sustainability and efficiency of public spending;
- modernization of the public finance management system.
For reference
The decision to provide the loan was agreed at the European Council meeting in Brussels on 18 December 2025 and presented by the European Commission on 14 January 2026. The financial package is designed to cover about two-thirds of Ukraine's financial needs for the relevant period. Since the Czech Republic, Hungary and Slovakia did not join the initiative, the decision was made under the enhanced cooperation procedure, which allows a group of Member States to implement joint initiatives without the unanimous support of all EU countries.
On February 11, 2026, the European Parliament adopted a package of decisions aimed at supporting Ukraine by providing a loan of 90 billion euros for 2026–2027.