19 Mar 2026 20:13

European Council hopes to start provision of 90 bln euro loan to Ukraine in early April - document

BRUSSELS. March 19 (Interfax) - The European Council, which is meeting in Brussels on Thursday, adopted a resolution on Ukraine in which the start of provision to Kiev of a 90 billion euro loan for 2026-2027 is still planned for early April.

"Following its December 2025 decision to provide Ukraine with a support loan of 90 billion euros for 2026 and 2027, the European Council welcomes the adoption of the loan by the co-legislators and looks forward to the first disbursement to Ukraine by the beginning of April," the section of the final document adopted at the European Council dealing with Ukraine said.

It also contains a call for "intensified outreach to third countries to help close the remaining gap of 30 billion euros in Ukraine's finances."

Brussels said the text of this document was supported by 25 heads of states and governments from 27 EU states.