Today, the European Commission adopted a set of legislative proposals to secure continuous financial support to Ukraine in 2026 and 2027. “This marks a significant milestone in the EU’s strong support for the country’s defence against Russia’s war of aggression”, a statement from the European Commission reads. The legislative package consists of: a new proposal establishing a support loan for Ukraine for an amount of €90 billion; a new proposal to amend the Ukraine Facility, as one of the means to implement budgetary assistance for Kyiv; and a new proposal to amend the Multiannual Financial Framework Regulation “to allow the coverage of the loan to Ukraine from the EU budget ‘headroom’”. The President of the European Commission, Ursula von der Leyen, explains this initiative as follows: “We all want peace for Ukraine. And for that Ukraine must be in a position of strength – on the battlefield and at the negotiating table. Today, we table our proposal for a loan of EUR 90 billion for 2026 and 2027– stable, predictable funding for our brave partner and neighbour. Above all, it reaffirms Europe’s unwavering commitment to the security, defence, and future prosperity of Ukraine”.