1.24 billion euros from the EU to Ukraine for the purchase of drones and missiles
The EU Commission announced that a new payment was made to Ukraine within the scope of the defense component of the support loan.
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The EU Commission announced that a new payment of 1.24 billion euros was made to Ukraine for the production of drones and missiles within the scope of the defense component of the 90 billion euro support loan.
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Why It Matters
The EU Commission foresees providing a total of 90 billion euros in support loans to Ukraine in the 2026-2027 period.
The EU Commission announced that a new payment was made to Ukraine within the scope of the defense component of the 90 billion euro support loan to Ukraine.
In the statement, it was stated that the financing of 1.24 billion euros covers drones, anti-drone systems, drone ammunition and missiles produced by Ukrainian organizations.
It is anticipated that approximately 60 billion euros of the 90 billion euros support loan to be provided to Ukraine in the 2026-2027 period will be allocated to defense and 30 billion euros to budget support.
A total of 28.3 billion euros is planned to be paid this year to support Ukraine's defense industry capacity.
What to Watch
AI outlook — possibilities, not facts
A total of 28.3 billion euros of defense payments will be made in the 2026-2027 period.
Likely · Within months
Open Questions
- When will the next tranches of payments be made?
