In December 2025, European leaders agreed on a EUR 90 billion loan to cover Ukraine's military and financial needs.
98% confidence
EconomyUkraine
Omissions
The loan covers the years 2026-2027, not just 'December'
The agreement was reached on 18 December 2025 at the European Council meeting in Brussels
The loan will be based on EU borrowing on the capital markets rather than being secured against frozen Russian assets
Sources
PrimaryEuropean Council Press ReleaseThe European Council agrees to provide a loan to Ukraine of EUR 90 billion for the years 2026-2027 based on EU borrowing on the capital markets
SecondaryReutersEuropean Union leaders decided to borrow cash to loan $105 billion to Ukraine to fund its defence against Russia for the next two years
SecondaryBBC NewsEuropean Union leaders have struck a late-night deal to lend Ukraine €90bn over the next two years
SecondaryThe GuardianTwo-year deal will cover most of Ukraine's needs, but will be secured against EU borrowing rather than Russian assets