Written by Tim Peters with Silke Maes.
Updated on 23.02.2026.
In response to Russia’s full-scale war of aggression against Ukraine, which started in February 2022, the European Union (EU) and its Member States have provided unprecedented financial, military and humanitarian support to Ukraine. According to European Commission figures, Team Europe, consisting of the EU and its Member States, has made available around €193.5 billion in support to Ukraine. This support encompasses macro-financial assistance, financial support through the Ukraine Facility, humanitarian aid and military assistance from Member States and the European Peace Facility, as well as support to Ukrainian refugees in the EU.
At the December 2025 European Council meeting, EU heads of state or government agreed to an additional €90 billion Support Loan under enhanced cooperation to cover Ukraine’s financing needs for 2026 and 2027. Of the €90 billion, an indicative amount of €60 billion will support Ukraine’s defence industrial capacities; €30 billion will be used to provide macro-financial and budget assistance. The disbursement of EU payments is conditional on Ukraine implementing reforms, including measures to strengthen the rule of law and the fight against corruption.
The new Ukraine Support Loan covers two-thirds of Ukraine’s financing needs. The remaining funding needs are expected to be provided by other countries, in particular G7 partners. In 2024, the G7 already agreed upon a €45 billion loan, of which €18.1 billion was financed by the EU. For that purpose, the Ukraine Loan Cooperation Mechanism was established, which uses extraordinary revenues originating from Russian sovereign assets immobilised in the G7 member states to repay loans and associated interest costs.
This ‘state of play’ briefing is updated regularly.
Read the complete briefing on ‘State of Play: EU support to Ukraine‘ in the Think Tank pages of the European Parliament.
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