The European Union is set to provide a EUR90 billion loan to Ukraine, with the first tranche allocated for drones, aiming to strengthen support and pressure Russia's war economy.
The announcement was made in Cyprus by European Commission Vice President Kaja Kallas
Jun 09, 2026
09:39 am
What's the storyThe European Union (EU) is set to increase its support for Ukraine with a €90 billion loan package. The first installment of this aid, amounting to €5.9 billion, will be used for purchasing drones.
European Commission Vice President Kaja Kallas made the announcement at an informal EU defense ministers meeting in Nicosia, Cyprus.
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