The Council today adopted a decision amending the Ukraine Facility and its associated Ukraine Plan. The Ukraine Plan sets out a roadmap of ambitious reforms which Ukraine must fulfil prior to disbursements under the Facility. The amendments reflect an additional €8.3 billion in financing for 2026, provided through the Ukraine Support Loan, agreed by the European Parliament and the Council in February this year.
In line with the Commission’s proposal, the amended Ukraine Plan introduces additional reform steps, including on rule of law and anti-corruption reforms.
Background
The Ukraine Facility, which entered into force on 1 March 2024, provides over €50 billion of stable financing, in grants and loans, to support Ukraine's recovery, reconstruction, and modernisation for the period from 2024 to 2027.
Since its entry into force, the Ukraine Facility has already disbursed €6 billion by way of bridge financing, €1.89 billion in pre-financing, and seven instalments totalling approximately €21.6 billion.