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European Union Approves €90 Billion Aid For Ukraine, Rules Out Fast Track Membership For Kyiv |Watch
Posted
April 24, 2026
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13:03Now PlayingEuropean Council President Antonio Costa said on Thursday that the European Union (EU) has approved a 90-billion-euro ($105 billion) loan package for Ukraine, along with a 20th round of sanctions against Russia. According to a statement by the Council of the EU, the loan will cover Ukraine's most urgent budgetary and defense industrial capacity needs in 2026 and 2027 under a robust and conditional framework. Funding will be linked to strict conditions on Ukraine's side, such as adherence to the rule of law, including the fight against corruption.
In February, the European Parliament voted in favor of the 90-billion-euro loan to meet Ukraine's financial needs for 2026 and 2027. However, some countries blocked the package, citing Ukraine's suspension of Russian oil transit via the Druzhba pipeline.
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