Ukrainian Parliament Ratifies EU Loan to Increase Defense Spending

Ukraine struck a deal with Sweden to buy 20 new Gripen fighter jets, with Stockholm agreeing to donate 16 older models next year.
Ukrainian Parliament Ratifies EU Loan to Increase Defense Spending
Ukrainian rescuers work to extinguish a fire after an air attack on an industrial facility in Zaporizhzhia, Ukraine, on May 15, 2026. Darya Nazarova/AFP via Getty Images
|Updated:
0:00

Ukraine’s parliament has ratified a multi-billion-euro loan agreement with the European Union, which will allow Kyiv to boost defense spending amid the war with Russia, now in its fifth year.

Ukrainian parliamentarians backed the loan on May 28 with 298 votes—far more than the 226 required for a majority.

Google LogoMark Us Preferred on Google
Victoria Friedman
Victoria Friedman
Author
Victoria Friedman is a UK-based journalist covering a wide range of international stories, with a particular interest in technology, eastern Europe, and defense.