EU envoys discussed €90bn Ukraine loan plan but technical questions remain, source says

The Committee of Permanent Representatives (COREPER) held on 14 January an initial discussion on European Commission proposals to provide Ukraine with a €90 billion loan over 2026-2027, with some diplomats raising technical questions after the debate.

Source: EU source familiar with the discussion, speaking anonymously to European Pravda in Brussels

Details: The European Commission presented diplomats in Brussels with a draft €90 billion loan package for Ukraine. Discussions will continue this week and the next.

Quote: "Today the Commission presented its proposals on the loan to Ukraine at a COREPER meeting. Diplomats shared their first impressions and the overall reaction was positive. Some issues require further clarification."

More details: The technical issues will be discussed on Friday at a meeting of financial advisers in Brussels and the talks will continue next week at ambassador level in COREPER.

Another European Pravda source said that discussing technical details is standard procedure and "should not be seen as a problem or a slowdown".

Quote: "It is standard procedure that an initial draft document proposed by the European Commission is not automatically approved but is discussed with member states, which ask questions or propose amendments."

More details: Both sources said that EU officials and most EU member states, including Cyprus which currently holds the Council of the EU presidency, want the technical discussions wrapped up as quickly as possible so Ukraine can receive the first tranche of the loan as early as April 2026.

Background: It was reported earlier that the European Commission approved a package of legislative proposals on 14 January that would allow the EU to provide Ukraine with a €90 billion loan to cover its financial and military needs for 2026 and 2027.

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