Commission disburses the first €3.2 billion instalment to Ukraine under the €90 billion Ukraine Support Loan

June 25, 2026 by The Sting's Team Leave a Comment

Commission supports the EU's eastern regions bordering Russia, Belarus and Ukraine — (Credit: Unsplash)

This article is brought to you in association with the European Commission.

Today at the Ukraine Recovery Conference, President Ursula von der Leyen announced the disbursement of €3.2 billion to Ukraine as the first instalment of the new macro-financial assistance (MFA). The MFA is a segment of the Ukraine Support Loan, under which €90 billion are expected to be made available to Ukraine in 2026 and 2027, covering both budget support and defence-related needs. As a country at war, Ukraine’s capacity to defend its territory depends on the rapid availability of critical products in the required quantities and within very short timeframes. The first instalment of the €6 billion defence package to support drone procurement will be disbursed in the coming days.

President Ursula von der Leyen said: “The prosperous Ukraine of tomorrow requires massive investment today. Since the beginning of Russia’s full-scale invasion, the European Union and its Member States have provided more than €200 billion in economic, financial and military support. And with the Ukraine Support Loan, we will provide a further €90 billion over the next two years. Today, we are transferring the first tranche under this loan, €3.2 billion in macro-financial assistance. And we will start paying the first money of the €6 billion for drone production in the coming days. This is solidarity in action.”

The MFA package

Today’s disbursement constitutes the first of three payments foreseen this year under MFA, totalling €8.35 billion in 2026. The MFA is underpinned by a dedicated Memorandum of Understanding signed by the EU and Ukraine in May 2026, which sets out the preconditions, reforms and policy measures attached to the MFA operation. Payments are released in instalments, subject to Ukraine’s satisfactory fulfilment of the relevant reforms and conditions. These are designed to help Ukraine mobilise domestic revenues, improve the sustainability and quality of public expenditure, and strengthen public financial management systems.

For the first instalment, Ukraine fulfilled seven policy conditions. These included measures to strengthen domestic revenue mobilisation, notably the extension of the military levy, the submission of draft legislation to the Ukrainian Parliament on the taxation of income earned through digital platforms and on the removal of VAT exemptions for low-value imported parcels. Ukraine also advanced reforms to improve public investment management, align customs legislation more closely with the EU acquis, strengthen customs governance, and reinforce the medium-term public financial management reform agenda.

The MFA provides Ukraine with predictable and flexible financial support to address its urgent financing needs. Russia’s ongoing war of aggression continues to impose very large costs on Ukraine’s economy and public finances. The EU’s financial support helps Ukraine preserve macro-financial stability, maintain essential state functions, and continue financing priority expenditure, including recovery and reconstruction needs.

Background

In February 2026, the European Parliament and the Council adopted Regulation (EU) 2026/467 establishing the Ukraine Support Loan (USL). The Regulation provides for up to €90 billion in support to Ukraine. The support is structured around two complementary components: assistance to strengthen Ukraine’s defence capabilities and defence industrial capacities, and support to ensure the continued functioning of the state, maintain essential public services and strengthen economic resilience.

Following Ukraine’s submission of its Financing Strategy in March 2026, the Council adopted, on 23 April 2026, an Implementing Decision determining the assistance to be made available to Ukraine in 2026. The Decision provides for up to €45 billion in support for 2026, comprising €16.7 billion in budget support and €28.3 billion in support for Ukraine’s defence industrial capacities. The budget support component is split equally between a top-up to the Ukraine Facility and a new MFA operation, each amounting to up to €8.35 billion.

Provided that the relevant conditions are fulfilled and the applicable preconditions and safeguards continue to be met, a second instalment under the MFA operation of an indicative €3.7 billion is expected in September 2026, and a third instalment of an indicative €1.45 billion is expected before the end of the year.

Further payments are also expected under the other components of the Ukraine Support Loan. Under the defence leg, €28.3 billion will be made available in 2026 to support Ukraine’s defence industrial capacities. The first instalment of the €6 billion defence-related disbursement, to be released the coming days, will support the procurement of drones from Ukraine for Ukraine. Further payments for budget support are expected through a top-up of the Ukraine Facility (Pillar I), subject to the adoption by the Council of the Commission’s proposal to amend the Ukraine Plan to incorporate the new amounts and to the subsequent fulfilment of the relevant policy conditions under the Ukraine Plan. The next (8^th) Ukraine Facility disbursement is expected in September.

Since the start of Russia’s war of aggression against Ukraine, the EU and its Member States have provided €211.3 billion in overall support to Ukraine and Ukrainians, including €3.8 billion from the proceeds of immobilised Russian assets.

For more information

Macro-Financial Assistance (MFA)

Macro-Financial Assistance to Ukraine

Ukraine Facility

Commission takes preparatory steps on financial support for Ukraine and boosting drone production

Regulation (EU) 2026/467 implementing enhanced cooperation on the establishment of the Ukraine Support Loan for 2026 and 2027

Discover more from The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com

Subscribe to get the latest posts sent to your email.

This article is published in association with European Investment Bank.

EU provides €61 million in humanitarian aid amidst rapidly deteriorating situation in Ethiopia

September 29, 2026

This article is brought to you in association with the European Commission. Amid fears of renewed conflict in Northern Ethiopia, the European Union is providing €61 million in humanitarian funding to help the most vulnerable people in Ethiopia affected by conflict, displacement, disease outbreaks and climate-related hazards, including the impact of El Niño. The European Union […]

© UNDP A worker installs solar panels in Lanao del Sur in the Philippines.

From energy crisis to energy transition: How renewables are reshaping energy security

September 29, 2026

This article is published in association with United Nations. The continuing conflict in the Middle East is disrupting global energy markets and pushing up fuel prices, with knock-on effects far beyond the region. For Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), the crisis is also reshaping how the world understands the phrase […]

Countries adopted on Saturday a new global blueprint for tackling rapidly evolving forms of crime, as the UN’s largest gathering on crime prevention and criminal justice opened in Abu Dhabi with a call for stronger international cooperation. The Abu Dhabi Declaration was adopted by acclamation at the opening of the 15th United Nations Congress on Crime Prevention and Criminal Justice, bringing governments together around challenges ranging from cybercrime and fraud to the growing criminal exploitation of digital technology. The Declaration highlights an increasingly complex landscape in which services, infrastructure and technology can be exploited by criminals, including emerging trends described as “crime as a service” and “violence as a service”. At the same time, countries committed to making greater use of technology themselves, including by digitalizing justice systems and harnessing artificial intelligence in criminal justice responses. The Declaration stresses that safeguards must accompany those changes, including human oversight, transparency, due process and data protection. ‘Justice cannot be a privilege’ In a video message to the Congress, UN Deputy Secretary-General Amina Mohammed said the meeting was taking place at a time of profound change. “Justice cannot be a privilege. It must protect every person, uphold every person’s rights and leave no one behind,” said Ms. Mohamed. “This Congress is an opportunity to renew our shared commitment to justice and the rule of law, and to translate that commitment into action.” Countries are already being encouraged to put the Declaration into practice through the voluntary Pledge4Justice initiative, under which participating governments are announcing concrete, time-bound actions on crime prevention and criminal justice through 2031. The Abu Dhabi National Exhibition Centre with its curved glass tower and surrounding buildings reflected in calm water at dusk. UNODC The Abu Dhabi National Exhibition Centre where the 15th UN Crime Congress is set to take place. From Kyoto to Abu Dhabi Opening the Congress, UN Office on Drugs and Crime (UNODC) Executive Director Monica Juma framed the gathering as both a response to a changing criminal landscape and a test of international cooperation. “Today, the world convenes in Abu Dhabi to reaffirm that the rule of law and criminal justice are essential to the safety and security of people and the planet,” said Ms. Juma. “At a time when confidence in multilateralism is faltering, let Abu Dhabi be a testament to international cooperation.” Five years after the previous Congress in Kyoto, Japan, Ms. Juma said the world had reached another “inflection point”, with technology and artificial intelligence advancing at extraordinary speed. The same platforms connecting billions of people can also connect criminals, she warned, while digital currencies can conceal illicit profits and digital tools can be used to deceive, manipulate and exploit. Technology, she argued, is not simply accelerating crime but changing its character, while organized criminal networks increasingly exploit weaknesses across borders and institutions. Tweet URL Protecting people as the ‘north star’ Behind those broad trends, Ms. Juma urged delegates to focus on the people most exposed to harm, including children recruited by gangs, women facing violence at home or online, people unable to obtain legal assistance and young people lured into scam networks with promises of a better future. “Protecting these people must be the measure against which we judge our efforts over the coming week,” she said. “It must be our north star.” She called for laws and institutions capable of keeping pace with changing threats, greater access to justice and legal aid, and technology that serves as “a force for good” rather than an accelerator of harm. And while welcoming the Abu Dhabi Declaration as a starting point, Ms. Juma stressed that its impact would ultimately depend on implementation. A week focused on justice Hosted by the United Arab Emirates, the Congress runs through 1 October under the theme Protecting People and Planet in the Digital Age. Some 119 countries are represented, alongside more than 40 justice ministers and other senior officials, with over 5,100 participants from governments, civil society, academia and the private sector. Plenary meetings, workshops, side events and exhibitions will run throughout the session. Organizers are also billing this as the most youth-inclusive Crime Congress yet. Young people are participating in workshops, contributing to follow-up efforts and taking part in a dedicated Youth Lab and art exhibition, following a Youth Forum held ahead of the Congress on 24 and 25 September. UNODC serves as secretariat of the Congress and will support implementation of the Abu Dhabi Declaration.

Countries adopt global blueprint to tackle fast-evolving crime in digital age

September 28, 2026

This article is published in association with United Nations. Countries adopted on Saturday a new global blueprint for tackling rapidly evolving forms of crime, as the UN’s largest gathering on crime prevention and criminal justice opened in Abu Dhabi with a call for stronger international cooperation. The Abu Dhabi Declaration was adopted by acclamation at the […]

United Nations President Mahmoud Abbas of the State of Palestine addresses the General Debate of the UN General Assembly’s 81st session.

Palestinian existence under threat, Abbas tells UN, warning of ‘another Nakba’

September 25, 2026

This article is published in association with United Nations. Israeli policies now threaten “the very life and existence of the Palestinian people on their homeland”, Palestinian President Mahmoud Abbas told the UN General Assembly on Thursday, urging the world not to allow “another Nakba”. Mr. Abbas addressed the Assembly’s annual debate via pre-recorded video after his […]

© UNICEF/Oleksii Filippov A rescue worker stands outside a residential building in Kyiv’s Solomianskyi district that was severely damaged during a massive overnight attack on the city.

World News in Brief: ‘New intensity’ to Russian attacks on Ukraine, Yemen, Gaza and Colombia updates

September 25, 2026

This article is published in association with United Nations. Russian armed forces have carried out repeated attacks across Ukraine over the past several days, killing and injuring civilians and damaging homes, hospitals, shops and workplaces, UN human rights monitors said on Thursday. The attacks have involved ballistic and cruise missiles, drones and guided aerial bombs. Between […]

UN Photo/Loey Felipe President Volodymyr Zelenskyy of Ukraine addresses the General Debate of the UN General Assembly’s 81st session.

Zelenskyy urges stronger pressure on Russia, warns war’s impact is spreading beyond Ukraine

September 24, 2026

This article is published in association with United Nations. Ukrainian President Volodymyr Zelenskyy on Wednesday called for intensified pressure on Russia to end its war against Ukraine, arguing that Moscow continues to incur massive losses while prolonging a conflict whose consequences are increasingly being felt far beyond the battlefield. Addressing the UN General Assembly’s annual debate, […]

UN Photo/Loey Felipe President Donald Trump of the United States addresses the General Debate of the UN General Assembly’s 81st session.

Trump defends military action against Iran, Venezuela, and calls for rebrand of AI

September 23, 2026

This article is published in association with United Nations. US President Donald Trump used his address to the UN General Assembly on Tuesday to defend recent military action against Iran, urging countries to maintain economic pressure on Tehran – and declaring that he now faces a choice between making a deal, or taking far more drastic […]

© UNICEF/Oleksii Filippov An injured girl climbs the partially collapsed stairwell of a building in Boryspil, Ukraine, following a missile strike.

‘Nowhere is safe’: UN experts detail Ukraine war’s toll and Russia’s reach beyond its borders

September 22, 2026

This article is published in association with United Nations. UN Human Rights Council-appointed experts on Monday laid out a grim picture of the human cost of Russia’s invasion of Ukraine, with a spotlight on civilians facing a third wartime winter as well as the intimidation of Russians who have fled abroad. The Independent International Commission of Inquiry […]

© UNICEF/Robic Upadhayay Aid workers transport supplies past a flood-damaged house in Nepal.

Nepal floods: ‘Apocalyptic’ destruction signals wider climate threat across Himalayas

September 21, 2026

This article is published in association with United Nations. The catastrophic flooding that swept away entire villages in northern Nepal could occur again in the country or elsewhere in the Himalayas due to climate change. The warning comes from Sara Netzer, regional director with UN field operations office UNOPS, which provides infrastructure, procurement and project management […]

World News in Brief: Winter aid for Gaza, West Bank; Haiti food production; migrant deaths at sea; human rights funding

September 18, 2026

The UN Children’s Fund (UNICEF) is seeking to raise $97.5 million to protect 540,000 children and their families in Gaza and the West Bank from harsh winter conditions in the coming months. Nearly 84 per cent of Gaza’s population – more than 1.76 million people – live in overcrowded displacement sites or damaged shelters, leaving […]

© UNRWA Search-and-rescue operations continue following the collapse of a war-damaged building in Gaza city.

Gaza: At least 20 killed in deadly building collapse, search for survivors continues

September 17, 2026

This article is published in association with United Nations. Search and rescue operations continued in Gaza City on Wednesday following the collapse of a bombed-out building that killed at least 20 people, according to reports. The incident has highlighted the precarious situation of displaced Palestinians across the Gaza Strip who shelter wherever they can, including in […]

UN News/Nargiz Shekinskaya The UN HQ (Secretariat) building in Manhattan.

The world comes to New York: What’s at stake at UN General Assembly high-level week

September 16, 2026

This article is published in association with United Nations. Each September, New York becomes the centre of global diplomacy as presidents, prime ministers, ministers and diplomats from around the world gather at United Nations Headquarters. At a time of mounting geopolitical tensions and overlapping global crises, leaders will tackle a packed agenda that includes conflicts and […]

Six UN staff killed in Gaza school strike; Lebanon violations mount

September 15, 2026

This article is published in association with United Nations. Israeli strikes killed six UN workers and civilians at a school sheltering displaced families in Gaza as needs grow, according to the UN agency for Palestine refugees, UNRWA. At least 220 agency staff have been killed in Gaza since the Hamas-Israel war began in October 2023. UNRWA Acting […]

‘Where do we go?’: How Israel’s ‘yellow line’ is closing in on Palestinians

September 14, 2026

This article is published in association with United Nations. Ola Ishtiwi sits with her children in front of the remains of her home in the Al-Tuffah neighbourhood in eastern Gaza City, a few metres away from a series of painted cement blocks Israel has placed to mark what has become known as the “yellow line”. Initially set up following the announcement of the Israel-Hamas ceasefire […]

© UNDP/Oleksandr Ratushniak A substation in Ukraine damaged during ongoing strikes in the war with Russia.

Ukraine: Drone attacks on Chornobyl are ‘gambling with the safety of millions of people’

September 11, 2026

This article is published in association with United Nations. A drone strike on the protective structure at the Chornobyl Nuclear Power Plant could have endangered the safety of millions of people, UN Development Programme (UNDP) Administrator Alexander De Croo told reporters via video link from Kyiv on Thursday. He is visiting Ukraine, with his mission focused […]

© UNHCR/Dar Al Mussawir Smoke rises above residential neighborhoods in Tyre, southern Lebanon, following an Israeli airstrike. (file)

UN chief demands Israeli withdrawal from Lebanon amid Nabatieh escalation

September 10, 2026

This article is published in association with United Nations. The Secretary-General has condemned mounting civilian casualties in southern Lebanon and called on Israel to withdraw its forces from Lebanese territory, as fighting intensifies in and around Nabatieh. Key points In a statement issued by his Spokesperson, Stéphane Dujarric, the Secretary-General said he was “deeply concerned” by […]

UN chief demands Israeli withdrawal from Lebanon amid Nabatieh escalation

September 9, 2026

© UNOCHA/Viktoriia Andriievska The aftermath of a drone strike in Kyiv, Ukraine (file). UN High Commissioner for Human Rights Volker Türk (file) said on Monday that he was "horrified" by the thought of fully autonomous weapons being used in battle.

AI: Türk urges action before it becomes an ‘existential risk to humanity’

September 8, 2026

This article is published in association with United Nations. UN human rights chief Volker Türk added his voice on Monday to growing calls for greater AI controls, warning that the revolutionary technology could become an “existential risk to humanity” if left unchecked. Without binding rules, independent oversight and clear limits, the technology could become impossible to […]

As wildfires spread north, UN agencies race to help Europe adapt

September 7, 2026

This article is published in association with United Nations. As the climate warms, the threat of wildfires is spreading in Europe. How can historically cooler and wetter countries prepare? Human activity causes most of the wildfires breaking out across Europe, but their spread, speed and intensity are strongly affected by the warmer, drier conditions associated with […]