Ukraine Secures €3.2 Billion EU Loan as Gdansk Conference Targets €10 Billion in Deals
Updated
Updated · DW (English) · Jun 26
Ukraine Secures €3.2 Billion EU Loan as Gdansk Conference Targets €10 Billion in Deals
3 articles · Updated · DW (English) · Jun 26
Summary
Ukraine said it expects to sign more than 160 defense, business and regional development agreements worth over €10 billion at the Gdansk recovery conference.
The push comes as Kyiv confirmed receipt of the first €3.2 billion tranche of a €90 billion EU loan, which it plans to use for defense, security and energy resilience.
Ursula von der Leyen said a second €6 billion tranche would follow in coming days for drone production, while an EU-backed reconstruction fund could mobilize about €500 million this year.
Rebuilding Ukraine will cost an estimated $588 billion over the next decade, even as political friction with Poland over World War II memory kept President Volodymyr Zelenskyy away from the event.
After Hungary’s six-month veto, what prevents another EU state from holding future Ukraine aid hostage?
If Russia never pays reparations, what is the EU's legal path to actually seize its frozen assets?
With EU funds buying Chinese drone parts, is Europe's 'strategic autonomy' goal merely a wartime illusion?
€90 Billion EU Aid to Ukraine: Strategic Support, Drone Revolution, and the Fight for Russian Reparations
Overview
On June 25, 2026, Ukraine stands at a turning point as it secures €90 billion in financial aid from the European Union, following a key agreement signed by President Zelenskyy. This support is vital for sustaining Ukraine’s economy during the ongoing full-scale invasion and is backed by the European Commission’s belief that a strong, independent Ukraine benefits all partners. The timely release of the first tranche is expected, with no major risks reported. Alongside this, a significant boost in drone capabilities is set to immediately strengthen Ukraine’s defense efforts and reshape the battlefield.