EU Commissioner: first tranche of €90 billion to Ukraine to arrive by end of May - early June
Kyiv • UNN
European Commissioner Valdis Dombrovskis announced payments to Ukraine by early June. Funding for the current year is secured with the support of the G7 and the IMF.
The European Union expects to unblock a 90 billion euro loan for Ukraine in the near future and disburse the first tranche by "the end of May - beginning of June," said European Commissioner for Economy Valdis Dombrovskis to journalists in Brussels on Tuesday, writes UNN with reference to DW.
Details
"It is obvious that we will be able to unblock this situation," he said, adding that it concerns two parallel tracks - military and financial support from the EU for Ukraine.
According to him, "there are no more delays," but the exact timing has not yet been announced.
"Perhaps as early as this week," he noted.
Dombrovskis also emphasized that Ukraine is currently not facing liquidity problems or availability of funds and has sufficient resources at least until the end of May.
At the same time, according to him, Ukraine's financial needs for the coming months have been covered by partners. "We were able to mobilize funding from other international partners to cover the first half of the year before our funding arrives," he said.
This includes, in particular, the G7 countries and the IMF, as well as a number of non-EU countries, including Norway. Dombrovskis also indicated that payments under the ERA mechanism, which is financed by revenues from frozen Russian assets, have been steadily flowing to Ukraine since the beginning of 2026.
Brussels emphasizes that after the completion of procedures, the EU expects to ensure a more predictable flow of funding for Ukraine in the second half of the year.
"We are more secured with funding for this year. The main problem now is related to the funding deficit for 2027," the European Commissioner noted.
Although the 90 billion euro package is designed for 2026-2027, it covers only part of Ukraine's needs, and the main risk of a funding deficit is now shifting to 2027.