European Union countries have agreed to allocate 90 billion euros ($105.5 billion) in aid to Ukraine for 2026 and 2027, the EU Council President said on Friday.

'We have a deal,' President of the European Council Antonio Costa posted on X. 'Decision to provide 90 billion euros of support to Ukraine for 2026-27 approved.'

Two-year deal will cover most of Ukraine’s needs, but will be secured against EU borrowing rather than Russian assets