EU to provide Ukraine with 3 billion euro tranche of military funding this week
The European Union is set to disburse approximately 3 billion euros ($4.8 billion) of defense support to Ukraine this week as part of the bloc's 90 billion euro support loan ($100 billion) for Kyiv, President Volodymyr Zelensky said on Oct. 11.
The European Union is preparing to deliver a 3 billion euro ($4.8 billion) military funding tranche to Ukraine this week, according to President Volodymyr Zelensky. This funding is part of the bloc's 90 billion euro ($100 billion) support loan for Kyiv. Zelensky expressed gratitude for the support on October 11 following a call with European Commission President Ursula von der Leyen.
The EU's 90 billion euro loan, approved in April 2026, aims to cover two-thirds of Ukraine's financial and defense needs until the end of 2027. As of October 2026, 28.3 billion euros ($31.7 billion) of the loan was designated for defense, with the remaining funds to be disbursed pending receipt verification. In addition to the defense funding, the loan includes 17.1 billion euros ($19.1 billion) for budgetary support in exchange for Ukraine's political and economic reforms. Despite the EU's assistance, Ukraine still faces a $42 billion deficit in its 2027 budget.
Written by urgent.news from Kyiv Independent's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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