Volodymyr Zelensky to Declare State of Emergency for Energy Sector

Volodymyr Zelensky to Declare State of Emergency for Energy Sector

January 14, 2026 Ahmed Hassan - World News Editor World

Ukraine to Allocate⁣ €60 Billion of ​EU Loan to Military Spending

Ukraine will receive €60‍ billion from a €90 billion loan provided by the European ⁢Union to bolster it’s military ‌capabilities in 2026 and 2027, according to​ a ⁤statement made on ​Wednesday, January 14, 2026, by ‌European Commission president Ursula von der Leyen.

Details of the ⁤EU Loan

The €90 billion loan,‌ approved in December 2025, is intended to support ​Ukraine’s economy and reconstruction. Von der Leyen specified ‌that priority will be given to‍ European companies when‍ fulfilling Ukraine’s weapons needs through this funding mechanism.

“With 60 billion euros in military​ aid, Ukraine can⁣ hold its own against Russia and, simultaneously occurring, integrate more closely into the European defense ​industrial‌ base,”

said von der Leyen.

This allocation aims to strengthen Ukraine’s defense against ongoing Russian aggression while simultaneously fostering closer ties with the European ​defense industry.