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The Independent UK
The Independent UK
National
Claudia Ciobanu

EU releases 3 billion-euro loan package for Ukraine's recovery as part of 2-year commitment

Germany E5 NATO Summit - (Copyright 2026 The Associated Press. All rights reserved.)

The European Union has disbursed the first 3 billion-euro ($3.4 billion) tranche of a 90 billion-euro ($101 billion) loan to Ukraine, the country’s prime minister announced Thursday at the opening of a conference on Ukraine's post-war recovery in Poland.

The conference, attended by key European leaders including German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen, is both a fundraising forum and a message to Russia that Ukraine’s Western supporters are in it for a long haul.

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