Ukraine faces risk of tougher EU loan terms to get aid payouts
Ukraine is facing potential changes to the EU's loan terms, which may include stricter conditions tied to tax reforms. The proposed measures could complicate the release of €8.4 billion in macro-financial assistance crucial for Ukraine's ongoing conflict with Russia. These changes are unpopular domestically and may lead to tensions within the Ukrainian government.
- ▪The European Union is considering imposing stricter conditions on its €90 billion loan to Ukraine.
- ▪The proposed changes would require a 20 percent value-added tax on certain companies, which is expected to raise significant revenue.
- ▪Ukraine has missed a deadline to amend legislation related to these tax changes, complicating further IMF disbursements.
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Ukraine faces risk of tougher EU loan terms to get aid payouts Sign up now: Get ST's newsletters delivered to your inboxUkraine has long pushed for the EU to approve payouts from the aid package.PHOTO: REUTERSPublished Apr 29, 2026, 01:03 PMUpdated Apr 29, 2026, 06:55 PMListenBRUSSELS – The European Union is considering imposing stricter conditions on its €90 billion (S$134.5 billion) loan to Ukraine, making some of the payouts dependent on the introduction of an unpopular tax change for businesses, according to people familiar with the matter.
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