The maxi-loan of 90 million euros approved on Thursday by the Heads of State and Government of the European Union, gathered in Cyprus, will support Ukraine until 2027, in order to cover urgent budgetary needs and the strengthening of productive capacity in the defence industry. Access to such funds will remain conditional on compliance with specific conditions, first and foremost the rule of law and the fight against corruption, it has been confirmed from Brussels. Now, the EU Council’s green lights allow such measures to come into operation, with a first instalment expected to be delivered before summer: “We are moving at full speed to finalise all the documents required for the first disbursement in the second quarter”, the Commissioner for Economy, Valdis Dombrovskis, commented on his social media profiles. The loan will be split into approximately 30 billion euros for macroeconomic support through the existing EU instruments to cover Kiev’s most immediate needs. Add to this, 60 billion euros allocated to the development of the defence industry and the procurement of equipment. The 2026 instalment has been estimated at about 45 billion euros: 8.35 billion euros through macro-financial assistance, another 8.35 billion euros through the EU for Ukraine Fund, and 28.3 billion euros allocated to the defence industry.