European Union countries will allocate 90 billion euros ($105.5 billion) in aid to Ukraine for 2026 and 2027, EU Council President Antonio Costa said on Friday.
“We have a deal,” Costa wrote on X, confirming the package had been approved.
EU governments had been debating whether to use 210 billion euros of frozen Russian assets, most of it held in Belgium, to support a so-called reparations loan for Ukraine.
On Wednesday, Ukrainian President Volodymyr Zelenskyy urged EU leaders and partners to increase support and decide on using frozen Russian assets to help Ukraine, saying sustained backing was vital to keep the country resilient and to deter Russia from pressing on with the war next year.
Belgium’s Prime Minister Bart De Wever had said his country needed concrete guarantees before supporting use of frozen Russian assets, to fund the loan to Kyiv, citing legal uncertainties and potential litigation risks, Reuters reported.
