On Wednesday 14 January, the European Commission presented three legislative proposals establishing the ‘Ukraine Support Loan’, which will provide new EU macro-financial assistance of up to €90 billion for 2026 and 2027, financed from the EU budget, in line with the decisions of the December European Council (see EUROPE B13784A1).
This assistance, which will be implemented “in enhanced cooperation with 24 out of 27 Member States participating”, reaffirms “Europe’s unwavering...