In a written answer to a parliamentary question from Fabio De Masi (NI), the Council has clarified that the €90 billion loan for Ukraine will not be divided up per Member State, as the borrowing will be backed by the EU budget rather than direct national contributions. The Council explained that participating Member States will not provide direct contributions or increase their debt burden for the loan, which is to be financed through EU borrowing on capital markets under the diversified funding strategy. The answer, published on 30 July 2026, responds to De Masi's request for a breakdown of the debt and repayment burden by Member State, but the Council stated that such a breakdown is not possible at this stage, as the amounts of borrowing costs subsidies or potential mobilisation of special instruments cannot yet be determined.
The loan was agreed by the European Council on 18 December 2025, with the aim of providing €90 billion to Ukraine for 2026-2027. The legal framework was subsequently established through Regulation (EU) 2026/467 of 24 February 2026, which implements enhanced cooperation for the Ukraine Support Loan, and Regulation (EU) 2026/468, which amends the Ukraine Facility. The Council later adopted Regulation (EU) 2026/469 on 23 April 2026, amending the multiannual financial framework to allow for the mobilisation of a guarantee over and above existing ceilings. The enhanced cooperation excludes the Czech Republic, Hungary, and Slovakia, which will not be financially impacted by the loan's guarantee.
The Council's answer outlines that debt service costs will be covered by budget availabilities, first under existing ceilings and subsequently under other special instruments, with the Ukraine Support Loan Instrument potentially being mobilised over and above MFF ceilings. For repayment, the regulation establishes that cash received by Ukraine from Russia for war reparations or indemnities would trigger repayment of the loan. If the guarantee is called, contributions from Member States would follow the own resources system, with non-participating Member States entitled to an adjustment of such costs.
The answer provides no concrete figures or per-country allocations, reflecting the design of the loan as a budget-backed instrument rather than a nationally apportioned one. This approach shifts the financial burden to the EU budget, which is funded by Member State contributions based on GNI, but the Council emphasises that the exact distribution will depend on future budgetary decisions and the extent to which Ukraine repays the loan. The response is largely procedural, confirming the legal framework and the mechanisms in place, but it does not offer the detailed breakdown requested by De Masi, leaving questions about the ultimate distribution of costs unresolved.