This story is currently available in anglais only — a translation isn't ready yet.
EC proposes €45 billion allocation for Ukraine in 2027
Of the proposed amount, €13.3 billion will go toward budget support, €31.7 billion toward weapons procurement; the funds will effectively be granted without repayment obligations.
The European Commission approved a proposal to allocate €45 billion to Ukraine in 2027 — the remainder of a €90 billion package under the Ukraine Support Loan, the EC announced on October 30.
The Commission stated that the package adopted today includes a proposal to the EU Council for "approval of the remaining loan amount of €45 billion for 2027."
Of this sum, up to €13.3 billion is designated for budget support to the Ukrainian government, while €31.7 billion will be directed toward weapons and military equipment procurement. Thus, the defense component of the package accounts for more than two-thirds of the total funding volume.
Although the Commission uses the term "loan," Kyiv will effectively receive the funds as a grant: the money will be raised through borrowing on financial markets, and debt servicing — payment of interest and repayment of principal — will be borne by the European Union's budget, not by the Ukrainian side.
The EU Council must make the final decision on the package.
Sources — how we know this
- PrimaryTASS English