OREANDA-NEWS  The first tranche of the new EU loan in the amount of 90 billion euros for Ukraine will be transferred no later than the second half of 2026, European Commission representative Balyash Uyvari said at a briefing in Brussels.

On December 19, 2025, the summit ended in Brussels, as a result of which the EU temporarily abandoned the seizure of Russian assets and decided to provide Ukraine with a loan of 90 billion euros from its own budget. It was reported that Hungary, Slovakia and the Czech Republic are not involved in securing the loan. Following the summit, Hungarian Prime Minister Viktor Orban said that the children and grandchildren of those who made this decision will pay for the EU loan to Kiev, since Ukraine will not return the money.

"On December 18-19 (2025 - ed.), the EU decided to provide Ukraine with a loan of 90 billion euros as part of enhanced cooperation. The EC proposed a decision of the EU Council allowing such cooperation, which was adopted at the end of December. The document still needs to be approved by a qualified majority and receive the consent of the European Parliament. In parallel, work is underway on a regulation setting out the terms of the loan, which is scheduled to be adopted in January, as well as on amending the MSS regulation (on EU macrofinancial support – ed.) necessary to provide a loan to a third country. Given the urgency, the first tranche is planned to be transferred no later than the second half of 2026," he said.