UK discusses joining £78bn (€90bn) EU loan scheme to support Ukraine, prime minister says

Britain is discussing participation in a £78bn (€90bn) European Union loan scheme to support Ukraine, the prime minister said, signaling a potential step toward deeper financial coordination with European partners despite Brexit. The talks underscore the government’s search for additional ways to help sustain Kyiv’s wartime budget and recovery needs.

The proposed EU facility, worth €90bn over several years, would provide predictable, long‑term financing for Ukraine’s budget and reconstruction. Though the UK is no longer an EU member, officials are examining ways to contribute, including governance, risk‑sharing and guarantee arrangements. No decision or timetable was given, and participation would depend on negotiations on disbursement and liability.

Britain has supplied military, economic and humanitarian aid to Ukraine and coordinates closely with European allies and the G7. Joining the scheme could pool resources, stabilise cash flows to Kyiv and signal unity to Moscow. Ministers are expected to weigh fiscal costs and oversight before proceeding, but the government insists support for Ukraine will continue.