European Parliament to vote on accelerated procedure to provide Ukraine with €90bn on 20 January

The European Parliament will vote in plenary session in Strasbourg on Tuesday 20 January on applying an accelerated procedure to approve a €90 billion European Union loan to Ukraine for 2026–2027.

Source: European Parliament's press service to European Pravda

Details: On 20 January, MEPs will decide whether to use an urgent procedure to adopt legislation that would allow the EU to provide Ukraine with a €90 billion loan over the next two years.

"On Tuesday, a vote will take place on an accelerated procedure for approving enhanced cooperation among 24 member states regarding a €90 billion loan to Ukraine, the establishment of the Ukraine Support Loan Facility for 2026 and 2027, as well as amendments to the Ukraine Facility Regulation," the European Parliament said.

The vote is scheduled for 13:00 Kyiv time on 20 January.

European Pravda said that the largest political groups have sufficient votes to support the decision, so its approval is expected.

This will be followed by an accelerated process of discussion and adoption of the legislative proposals put forward by the European Commission. The final texts will have to be approved by the EU Council and endorsed by the European Parliament.

As a European Pravda journalist has learned, the next substantive discussion of the Ukrainian loan at the level of the Committee of Permanent Representatives (Coreper) in Brussels will take place as early as Wednesday 21 January.

Background:

• As previously reported by European Pravda, on Wednesday 14 January, the European Commission adopted a package of legislative proposals that would allow the EU to provide Ukraine with a €90 billion loan to cover its financial and military needs in 2026 and 2027.
• On the same day, the ambassadors meeting in Brussels within Coreper heard a presentation of these proposals, after which some diplomats raised technical questions.
• On 18–19 December, the European Council decided to grant Ukraine a €90 billion loan for 2026–2027, financed through EU borrowing on capital markets and backed by EU budget reserves under an enhanced cooperation mechanism.
• Hungary, Slovakia and Czechia did not veto the scheme but declined to participate in it.

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