After 3 December 2025, the preparatory bodies of the Council, including Coreper, met on several occasions with the aim of agreeing on the set of acts proposed by the Commission, including on the proposal for a regulation establishing the Reparations Loan to Ukraine and the proposal for a regulation amending Regulation (EU, Euratom) 2020/2093. On 19 December 2025, Coreper acknowledged the impossibility of achieving within a reasonable period the objective of the loan through the Commission’s proposed package of legislative and legal acts involving the Union as a whole. That assessment took into account the urgent need for financial assistance to Ukraine. It also established that an instrument to provide a loan to Ukraine, and the amendments to Regulation (EU, Euratom) 2020/2093 such an instrument would require, can only be agreed, as a last resort, through a combination of unanimous agreements on the proposal for a regulation amending that Regulation and a decision authorising enhanced cooperation on the establishment of the loan to Ukraine pursuant to Article 212 TFEU, while the expenditure resulting from the implementation of that act, other than the administrative costs for the institutions, is borne by the participating Member States in accordance with Article 332 TFEU.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
