European UnionMoney, minerals and reconstruction
EU share of G7 loans: up to €35bn
“The MFA Loan shall be for a maximum amount of EUR 35 billion.”
- Promised
- In plan
- Legislated
- Funded
- Delivering
- Delivered
Where it stands
The G7 term sheet of 25 October 2024 set the EU’s share at €18.115bn, and the Commission paid €18.1bn between 10 January and 13 November 2025, within the Regulation’s deadline of 31 December 2025.
What has happened
About the cost
Up to €35bn as worded; the ceiling falls when the EU loan and the G7 members’ own loans together pass €45bn (Article 10(1)). The G7 term sheet set the EU’s share at €18.115bn, the low and central figure here; the high end is the ceiling.
More detail
Sources (1)
Checks
- Version 1, 20 October 2026: Quote checked word for word at its source on 21 October 2026
- Approved by Pavel Guzhikov, editor, on 21 October 2026: Approved for the first publication on the AI Journalist's check.
- Checked by AI Journalist (automated) on 21 October 2026: Quote checked word for word at its source; dates, events, evidence links, figures and wording checked against the cited sources, with fixes made before publication.
Related promises
- EU€90bn EU loan to Ukraine for 2026–2027“The European Council agrees to provide a loan to Ukraine of EUR 90 billion for the years 2026-2027 based on EU borrowing on the capital markets backed by the EU budget headroom.”
- Japan¥471.9bn Japanese loan in the G7 plan“Japan contributes to supporting Ukraine through providing Ukraine with a yen loan of 471.9 billion yen through a World Bank Financial Intermediary Fund, under the Extraordinary Revenue Acceleration (ERA) Loan initiative for Ukraine, which was agreed by the G7 Leaders last year and is to be repaid by future flows of extraordinary revenues stemming from immobilized Russian sovereign assets.”
- RepublicansSign a minerals agreement with Ukraine on Friday“President Zelenskyy is going to be coming on Friday. That's now confirmed. And we're going to be signing an agreement, which will be a very big agreement.”