EU disburses first €3.9bn defence tranche of €90bn loan to Ukraine

The European Commission on Tuesday 30 June disbursed part of the first tranche of the defence component of the EU's €90 billion loan to Ukraine. The payment amounted to €3.9 billion and will be used to procure Ukrainian-made drones.

Source: European Commission's press service

Details: On Tuesday 30 June, Ukraine received the first instalment of the first €6 billion tranche under the EU's €90 billion loan to support the Ukrainian military. The €3.9 billion payment will be used exclusively to purchase drones manufactured in Ukraine.

Quote: "The European Commission begins disbursement today of €3.9 billion as the first payment under the first tranche of around €6 billion dedicated to drone procurement, a key capability enabling Ukraine to withstand Russia's war of aggression."

Details: As European Pravda has learned from EU sources, the payment was delayed because the European Commission is still verifying the drone procurement contracts submitted in support of the funding request.

"These checks ensure that the financial assistance is used for procurement agreed with the Commission and Member States," the European Commission said.

It was clarified that "further payments will be made in the coming days until the first tranche for drones is fully covered, in accordance with Ukraine's payment requests".

"Today, we are releasing a first tranche of €3.9 billion for advanced drone technology to strengthen Ukraine's defence. And more will follow. These investments will help Ukraine protect its citizens, defend its sovereignty, and reinforce Europe's security. Europe stands firmly with Ukraine for as long as it takes to achieve a just and lasting peace," Ursula von der Leyen, President of the European Commission, said.

Background:

• The €90 billion loan package for Ukraine includes €30 billion in budget support and €60 billion in defence assistance to be provided over 2026 and 2027.
• In 2026, €28.3 billion from the €60 billion defence package will be disbursed to support Ukraine's defence industrial capacity.
• Future disbursements will continue to finance the procurement of drones and will also cover ammunition, missiles and air defence systems.
• As previously reported by European Pravda, Ukraine received the first €3.2 billion installment of the budget support component of the EU's €90 billion loan on 25 June.
• The first procurement package of military equipment scheduled for 2026 is worth around €6 billion and will be spent on drones manufactured in Ukraine.
• European Pravda learned how the EU may allocate 2026 military funds for Ukraine under the €90bn loan.

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