“On January 20, at a plenary session in Strasbourg, the European Parliament supported the application of the urgent procedure to three draft laws, which should open the EU to the possibility of providing a loan of 90 billion euros to Ukraine in 2026-2027.”, — write: www.pravda.com.ua
Illustrative photo: Getty Images Source: Correspondent of “European Truth” from Strasbourg
Details: The European Parliament approved an urgent procedure for providing Ukraine with a loan of 90 billion euros over the next two years.
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The European Parliament decided that three documents will be approved under the urgent procedure:
1) Regarding expanded cooperation in creating a loan for Ukraine.
2) Regulation on the implementation of enhanced cooperation regarding the establishment of a support loan for Ukraine for 2026 and 2027.
3) On amendments to Regulation 2024/792 on the creation of the Fund for Ukraine (Ukraine Facility).
The first of them – the basic one, which allows to create a loan for Ukraine based on the mechanism of extended cooperation with the EU – has already been approved by the Council of the EU and will be immediately put to a vote for approval by the European Parliament.
According to the information of “European Truth”, the draft decision “On granting permission for extended cooperation regarding the establishment of a loan for Ukraine” will be voted on by the European Parliament already tomorrow, January 21.
The other two draft laws must go through the approval procedure in the Council of the EU and the European Parliament, and will be put to the vote at the next session of the European Parliament on February 9-12, 2026.
As “European Truth” reported, the European Commission on Wednesday, January 14, adopted a package of legislative proposalswhich will allow Ukraine to receive a loan of 90 billion euros from the European Union to meet its financial and military needs in 2026 and 2027.
On the same day, the Committee of Permanent Representatives at the level of ambassadors in Brussels heard the presentation of these proposals – and the result of the discussion some diplomats had technical questions.
We will remind:
December 18-19 The European Council made a decision provide Ukraine with a loan in the amount of EUR 90 billion for 2026-2027 from EU borrowings on the capital markets, secured by EU budget reserves based on the mechanism of extended cooperation with Ukraine.
Read more in the article: Action plan for 90 billion euros: how the EU is preparing aid to Ukraine and what it will demand from Kyiv.