European Commission Disburses €1.24 Billion to Boost Ukraine’s Defence Industry

The European Commission disbursed €1.24 billion to Ukraine on Wednesday (October 7) under the defence component of the €90 billion Ukraine Support Loan, earmarked for drones, drone interceptors, ammunition, and missiles produced by Ukrainian entities.

European Commission President Ursula von der Leyen said the payment would strengthen Ukraine’s defence industry and its ability to protect people and infrastructure. She described Russia’s ongoing attacks as a deliberate strategy intended to make daily life increasingly difficult for Ukrainians.

The Ukraine Support Loan provides an indicative €60 billion for defence and €30 billion for budgetary assistance during 2026–2027. The European Commission plans to disburse €28.3 billion for Ukraine’s defence industrial capacity in 2026, with further payments under the defence component expected in the coming weeks. Funding decisions are based on Ukraine’s evolving requirements and remain subject to agreed conditions and monitoring.

According to Ukrainian Prime Minister Serhiy Koretskyi, the latest payment brings Ukraine’s defence financing received through the programme to nearly €13 billion. He said the government would continue working with European partners to ensure the remaining planned funding is delivered on schedule and in full

For the remainder of 2026, €32.5 billion in EU financial support remains available to Ukraine. This includes €28.1 billion under the Ukraine Support Loan – €15.4 billion for defence industrial capacity and €12.7 billion in budget support. A further €4.4 billion remains available through the Ukraine Facility, bringing the total budget support available for 2026 to more than €17 billion, subject to Ukraine meeting the relevant conditions.

Since 2022, the EU and its member states have provided €228.7 billion in overall support to Ukraine, including €3.8 billion generated from immobilised Russian assets.

Source: commonspace.eu with Sofia Globe (Sofia) and SUD.UA (Kyiv).

 

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