The European Commission on Wednesday disbursed €1.24 billion ($1.38 billion) to Ukraine under the defense component of the EU’s €90 billion Ukraine Support Loan, according to a statement.
– The funding will be used to procure drones, drone interceptors, drone ammunition and missiles manufactured by Ukrainian defense companies, the statement said.
– “Russia is continuing its deliberate strategy of terror – trying to make daily life unbearable for Ukrainians,” European Commission President Ursula von der Leyen said.
– The Ukraine Support Loan envisages €60 billion for defense and €30 billion for budgetary assistance over 2026 and 2027.
– The EU plans to disburse €28.3 billion in 2026 alone to strengthen Ukraine’s defense industrial capacity, with further payments under the defense component expected in the coming weeks.
– Since the beginning of the war in Ukraine, the EU and its member states have provided €228.7 billion in overall support to Ukraine, including €3.8 billion generated from proceeds of immobilized Russian assets.
– For the remainder of 2026, €32.5 billion in financial support remains available to Ukraine.