politics
March 12, 2026
EU members discuss €30bn Ukraine bailout to circumvent bloc split
EU members supporting Ukraine are considering bilateral loans worth €30 billion to keep Kiev solvent, Politico has reported
TL;DR
- Individual EU members are considering directly loaning Ukraine billions to bypass opposition to a bloc plan.
- Hungary and Slovakia oppose the EU's debt plan, citing issues with Russian oil access.
- Ukraine claims pipeline supplies are suspended due to Russian attack damage.
- Baltic and Nordic nations are considering bilateral loans totaling €30 billion.
- The Netherlands intends to provide €3.5 billion annually through 2029.
- The IMF approved an $8.1 billion loan to Ukraine.
- A 'reverse enlargement' idea for Ukraine's accession bid faces opposition.
- The EU faces economic pressure from Middle East conflict disrupting oil and LNG supplies.
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