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EU finalises €90bn loan deal to support Ukraine

EU finalises €90bn loan deal to support Ukraine

25 December 2025 at 04:28 pm IST

The European Union has reached an agreement on a €90 billion loan package to support Ukraine after earlier plans involving Russian asset revenues collapsed. The deal marks one of the EU’s most significant financial commitments to Ukraine since the conflict began. The funding is intended to stabilise Ukraine’s economy, support essential public services, and contribute to long-term reconstruction. EU officials stressed that financial assistance remains critical to maintaining institutional resilience amid ongoing geopolitical uncertainty. The loan agreement reflects the EU’s broader strategy of combining financial support with structural reforms and governance measures. It also underscores Europe’s determination to provide sustained backing despite legal and political complexities. As implementation begins, EU leaders emphasise transparency and accountability to ensure the funds are used effectively and contribute to Ukraine’s recovery and future economic integration.