The EU has taken a decisive step in the final procedure for the approval of a large loan to Ukraine for 2026-2027. The permanent representatives of EU countries gave preliminary consent for aid to Kyiv in the amount of 90 billion euros.
The EU has taken a decisive step towards the final approval of a loan of 90 billion euros to Ukraine, a matter that has remained unresolved for several months due to Hungary's veto. The permanent representatives of EU countries on Wednesday, April 22, gave preliminary consent for the provision of a large aid package. This was reported by the ambassador of the Republic of Cyprus, which is currently holding the rotating presidency of the EU.
The loan proposal will now go through a written procedure for its final approval by the EU Council. The written procedure is expected to be completed on Thursday, April 23, during the day.
As noted by DW's correspondent in Brussels, this concerns the approval of an amendment to the EU's multiannual budget - this is the last technical element needed to launch the loan for Kyiv. The decision by the EU ambassadors has paved the way for the final approval of the loan.
Hungary lifted its veto after the opposition's victory in the elections
The loan of 90 billion euros for Ukraine, which has been facing full-scale military aggression from the Russian Federation for five years, was agreed upon back in December 2025, but had long been blocked by the outgoing Hungarian government.
After the parliamentary elections in Hungary, the leader of the winning opposition party 'Tisza', Peter Madyar, promised not to block the loan to Ukraine, adding that Budapest itself does not plan to participate in the allocation of funds.
EU Commissioner for Economy Valdis Dombrovskis stated on April 21 that Brussels expects to disburse the first tranche by the end of May - beginning of June.
