Sergii Marchenko discussed launch parameters of new EUR 90 billion financial instrument for Ukraine with European Commission representative
Minister of Finance Sergii Marchenko met with Director-General for Economic and Financial Affairs at the European Commission, Maarten Verwey, to discuss details of launching a new financial instrument for Ukraine worth up to EUR 90 billion.
The meeting was also attended by Deputy Minister of Finance for European Integration, Yuriy Draganchuk, and Government Commissioner for Public Debt Management, Yuriy Butsa.
“I am grateful to the European Commission for its efforts in supporting Ukraine’s financial stability. The Government is ready to work promptly on all necessary parameters of the new instrument in close coordination with the EU. Our goal is to ensure that financial assistance is received as early as possible to guarantee the sustainability of state finances and the country’s defense capabilities. The new EU financial support mechanism will be a cornerstone of Ukraine’s financial stability in 2026–2027,” the Minister of Finance noted.
The parties agreed to finalize all key parameters of the new financial instrument in the coming months to begin disbursing funds from the start of the second quarter of 2026.
Yesterday, the European Commission presented an initiative to launch a new financial mechanism to support Ukraine in 2026–2027. The mechanism involves a loan of up to EUR 90 billion, financed through EU borrowings on international markets and secured by EU budget guarantees. The initiative requires discussions among EU member states in the Council and review by the European Parliament before it can be implemented.
Access to EU funds is also a key prerequisite for further cooperation with the IMF, particularly regarding a new financing program for 2026–2029.
The European Union remains the largest donor of financial support to Ukraine, providing EUR 70.7 billion since February 2022. In 2025 alone, Ukraine received over EUR 28.7 billion in financial assistance from the EU.