President Volodymyr Zelensky has submitted to the Ukrainian parliament – the Verkhovna Rada – a bill on the ratification of an agreement with the European Union on a loan package for Ukraine worth up to €90 billion ($104 billion). This is evidenced by data published on the parliament’s website.JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official. The document concerns the ratification of the loan agreement and a memorandum of understanding between Ukraine and the EU on receiving macro-financial assistance. The draft law defines the framework for attracting funds totaling up to €90 billion ($104 billion), including macro-financial assistance provided within the broader loan support program for Ukraine. The conclusion and subsequent entry into force of the loan agreement and memorandum of understanding, following ratification, would allow Ukraine to attract up to €90 billion in financial resources from the EU in 2026-2027 to support the state budget and strengthen the country’s defense capabilities. The agreement defines the total amount of assistance for 2026 as up to €45 billion ($52 billion), divided into two components: the defense component – up to €28.3 billion ($32 billion) – intended for weapons purchases and strengthening Ukraine’s defense-industrial potential; the budget component – €16.7 billion ($19 billion) – aimed at ensuring macro-financial stability and covering the state budget deficit. The budget component will also be divided into two instruments: up to €8.35 billion ($9.5 billion) will be provided directly as macro-financial assistance, while another €8.35 billion ($9.5 billion) will be allocated through the Ukraine Facility mechanism. The memorandum of understanding specifies the allocation of macro-financial assistance within the budget component.