Finance
EU to Disburse up to 2.7 Billion Euros to Ukraine After Parliamentary Action, Kos Says
Published by Global Banking & Finance Review®
Posted on April 16, 2026
2 min readLast updated: April 16, 2026
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The EU plans to disburse €2.5–2.7 billion to Ukraine under its Ukraine Facility after Ukraine completed required reforms, while the larger €90 billion EU loan remains tied to Hungary lifting its veto.
EU Set to Disburse Up to €2.7 Billion for Ukraine Following Parliamentary Action
EU Financial Support and Parliamentary Reforms
By Andrea Shalal
EU Disbursement Plans and Recent Reforms
WASHINGTON, April 16 (Reuters) - The European Union expects to disburse 2.5 billion euros to 2.7 billion euros to Ukraine after its parliament completed necessary reforms last week, Marta Kos, the EU's enlargement commissioner, said on Thursday.
Details on EU Loan and Hungarian Election Impact
Kos, speaking at an event in Washington together with Ukrainian Finance Minister Serhiy Marchenko, said the EU would definitely deliver a loan of 90 billion euros to Ukraine following the Hungarian election that swept Prime Minister Viktor Orban from power.
Ukraine's Financing Gap and Future Discussions
Marchenko told the event that Ukraine's financing gap of $52 billion in 2026 will be covered once the EU loan became available, but said his government was still in discussions about closing the expected gap in 2027.
Kos said the disbursement would come from the EU's Ukraine facility, which is separate from the 90 billion euro loan.
Conditions and Reform Requirements
"There is a Ukraine plan, where we have 173 reforms they have to do ... and if they deliver, we can give them the money," Kos told Reuters after the event, which took place during the International Monetary Fund and World Bank spring meetings in the U.S. capital.
Hungarian Election and EU Loan Prospects
She welcomed the recent election results in Hungary, which had blocked the much larger EU loan to Ukraine.
"The chances that Ukraine will get the 90 billion euro loan are 100% and we are already in contact," Kos told the event. "Our president was speaking to the future, possible new prime minister of Hungary, Peter Magyar, and I think that we will be able to make this (happen) very soon."
EU's Commitment to Deliver Promised Aid
"I am very happy because finally I can deliver, the European Union can deliver what we promised. Sometimes it takes time, yes indeed. But what we promise we deliver."
(Reporting by Andrea Shalal; Editing by Andrea Ricci and Paul Simao)
Key Takeaways
- •The €2.5–2.7 billion comes from the EU’s Ukraine Facility and is separate from the €90 billion loan – this funding hinges on Kyiv delivering on 173 reforms (eeas.europa.eu)
- •Hungary’s recent election defeat of Viktor Orban has cleared the path for the previously blocked €90 billion EU loan, with the EU stating disbursement chances are now 100 % (lemonde.fr)
- •Ukraine’s projected $52 billion financing gap in 2026 will be covered by the forthcoming EU loan; discussions continue over closing the 2027 gap (lemonde.fr)
References
Frequently Asked Questions about EU to disburse up to 2.7 billion euros to Ukraine after parliamentary action, Kos says
1How much financial aid will the EU disburse to Ukraine?
The EU expects to disburse between €2.5 billion and €2.7 billion to Ukraine after recent parliamentary reforms.
2What is the purpose of the EU's financial support to Ukraine?
The financial support is aimed at helping Ukraine after its parliament completed necessary reforms and to bridge upcoming budget gaps.
3Is the €2.7 billion aid separate from the larger €90 billion EU loan?
Yes, the €2.5-2.7 billion disbursement is from the EU's Ukraine facility, separate from the €90 billion loan.
4What conditions must Ukraine meet to receive EU funding?
Ukraine must implement a set of 173 reforms as part of the agreed Ukraine plan in order to qualify for EU financial support.
