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First tranche of €90 billion EU loan for Ukraine to be spent on drones

The first €6 billion defence package for Ukraine from the €90 billion EU loan will be disbursed this quarter and will focus on Ukrainian-made drones, European Commission President Ursula von der Leyen said during a plenary session of the European Parliament on 29 April, European Pravda correspondent in Strasbourg reports. 

Von der Leyen confirmed the EU's intention to disburse the first €6 billion tranche of the €90 billion loan to Ukraine in the second quarter of 2026.

"In spring we have said that we would deliver on the €90 billion loan for Ukraine, in one way or the other. Now we made good on this promise. We will disperse the first tranche of €45 billion for 2026, still this quarter."

Von der Leyen noted that one-third of the €90 billion EU loan will go to Ukraine's budgetary needs, while two-thirds will be allocated to defence.

"The first defence package will be on drones from Ukraine to Ukraine, worth some €6 billion."

Von der Leyen stated that the EU "will continue our support to the brave Ukrainian people and their armed forces".

"While Russia is doubling down on its aggression, Europe doubles down on our support for Ukraine."

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