
EU Disburses €3.9 Billion Loan to Ukraine for Drone Procurement
The European Union has disbursed the first tranche of a loan to Ukraine, totaling €3.9 billion, specifically earmarked for the procurement of drones.
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EU disburses first €3.9bn defence tranche of €90bn loan to Ukraine
The European Commission on Tuesday 30 June disbursed part of the first tranche of the defence component of the EU's €90 billion loan to Ukraine. The payment amounted to €3.9 billion and will be used to procure Ukrainian-made drones.
By Tetyana Vysotska,Alona Mazurenko
Read full article →EU allocates EUR 3.9B to Ukraine for drones
The European Commission has begun disbursing EUR 3.9 billion as the first payment under the first tranche of around EUR 6 billion dedicated to drone procurement, a key capability enabling Ukraine to withstand Russia's war of aggression.
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