EU plans up to €45 billion loan for Ukraine if war continues past 2027

The European Union has begun preparation of a new financial and military assistance package for Ukraine worth between €30 billion and €45 billion. The funds would be activated only if Russian aggression persists after the end of 2027. The proposal follows the current €90 billion framework for 2026‑27, which already includes a €3.2 billion direct budget transfer, €6 billion earmarked for expanding Ukrainian drone production, €60 billion reserved for defence and €30 billion for macro‑economic stability.

The International Monetary Fund estimates that Ukraine’s needs through 2027 exceed €135 billion, creating a sizable shortfall. Brussels intends to link the new loan to proceeds from frozen Russian sovereign assets and future war reparations. Disbursement after 2027 will be conditional on Kyiv implementing five reforms: full independence of anti‑corruption bodies NABU and SAP, overhaul of the Supreme Court, digitalisation of public procurement via the ProZorro platform, tighter banking controls, and de‑oligarchisation of key sectors. The plan was confirmed by Peka Tovari, head of the EU‑Ukraine Parliamentary Cooperation Committee.