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EU could disburse first payment from recent loan to Ukraine next week, Kos says - Finance news and analysis from Global Banking & Finance Review
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EU could disburse first payment from recent loan to Ukraine next week, Kos says

Published by Global Banking & Finance Review

Posted on May 11, 2026

1 min read

· Last updated: May 11, 2026

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Finance Banking Economy EU Ukraine

EU Likely to Disburse First Payment From €90 Billion Ukraine Loan Next Week

EU Loan Package for Ukraine: Disbursement Timeline and Details

Background of the €90 Billion Loan Agreement

BRUSSELS, May 11 (Reuters) - The European Union could disburse the first payment from its recently agreed 90 billion euros ($105.8 billion) loan package for Ukraine next week, European Commissioner for Enlargement Marta Kos said on Monday.

Purpose and Coverage of the Loan

Last month, the EU had formally agreed the 90-billion-euro loan, which is set to cover two-thirds of Ukraine's needs for the next two years.

Expected Disbursement Date

"I hope that in the next week, we will be able to disburse the first payments," Kos told reporters in Brussels.

Exchange Rate Information

($1 = 0.8506 euros)

Reporting Credits

(Reporting by Sudip Kar-GuptaEditing by Bernadette Baum)

Key Takeaways

  • The €90 billion Ukraine support loan was approved by the European Parliament in early February 2026 and covers both budgetary and defence needs over 2026–2027, representing about two‑thirds of Ukraine’s financing requirements. (europarl.europa.eu)
  • Preparations are underway for first disbursement potentially next week—as stated by Enlargement Commissioner Marta Kos on May 11—aligning with prior expectations for a late‑May or early‑June rollout. (pravda.com.ua)
  • The loan arises after months of delays—including political hurdles like Hungary’s veto tied to the Druzhba pipeline dispute—and is structured as a zero‑interest, EU‑backed borrowing, repayable only if Russia pays reparations. (apnews.com)

References

Frequently Asked Questions

When could Ukraine receive the first payment from the EU loan?
Ukraine may receive the first payment from the EU's recent loan package as early as next week.
How much is the EU loan package agreed with Ukraine?
The EU agreed on a 90 billion euro ($105.8 billion) loan package for Ukraine.
What portion of Ukraine's financial needs will the EU loan cover?
The EU loan is set to cover about two-thirds of Ukraine's needs for the next two years.
Who announced the possible timing for the EU loan disbursement?
European Commissioner for Enlargement Marta Kos announced the potential timing for the first payment.
Where was the EU loan disbursement discussed?
The possibility of the first payment was discussed in Brussels.

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