Kubilius hopes EU will resolve Ukraine loan issue 'soon enough'

European Commissioner for Defense and Space Andrius Kubilius expressed hope that the European Union will be able to resolve the implementation of the EUR 90 billion loan for Ukraine "soon enough," with EUR 60 billion of that amount designated for defense needs.

"We are in negotiations with the Minister of Defense and, as you know, are currently finalizing all details regarding the so-called EUR 60 billion loan to support Ukraine. I hope the European Council finds a solution soon enough, despite the traditional opposition from Hungary. This loan is critical for Ukraine to continue its fight. This is clearly understood," Kubilius emphasized in a blitz interview with Interfax-Ukraine during his visit to Kyiv.

He stressed that this specific loan is a priority for developing Ukraine’s defense capabilities and joint projects. According to Kubilius, successful implementation will allow Ukraine to maintain and strengthen its ability to conduct a defensive struggle amid the ongoing war with Russia.

Regarding other programs, specifically Ukraine’s place in the SAFE program, the Commissioner noted that Ukraine is already a part of it, and Ukrainian products are considered European. "Countries that have taken SAFE loans (as Ukraine could not—only member states can) mostly promise to use part of these funds for purchases in Ukraine or for joint production with Ukraine. We will see what the actual volumes will be," Kubilius noted. This opens opportunities for Ukrainian manufacturers to integrate into the European defense market.

Kubilius also highlighted that Europe wants to learn from Ukraine regarding innovations, particularly in drones, counter-drone measures, and their practical frontline application. Initiatives such as the European Drone Defense Initiative (EDDI) and Eastern Flank Watch have already been launched, covering frontline countries from the Baltic to the Black Sea.

As reported on February 24, European Commission President Ursula von der Leyen assured that the EU would find ways to implement the EUR 90 billion loan despite Hungary blocking a procedural step. The EU expects to provide Ukraine with its first defense package funded by this loan "by Easter." On February 24, the EU General Affairs Council adopted two key documents to continue technical work on the loan for 2026–2027, though one necessary bill remains blocked by Hungary.