Ukraine to ratify €90 billion EU loan with wartime tax overhaul conditions
By
Peeter Helme
If you only eat one bagel today, this is the bagel.
Summary
Ukraine is moving to ratify a €90 billion EU loan by accepting strict conditions including a wartime tax overhaul. The conditions extend a 5% income levy, end tax breaks on imported parcels and digital-platform earnings, and tighten the simplified tax system for small businesses. President Zelenskyy submitted the draft law to Parliament on May 28, 2026, and the first €3.2 billion installment is imminent, with a vote expected within hours according to MP Yaroslav Zheleznyak.
Key quotes
· 3 pulledPresident Volodymyr Zelenskyy submitted the draft law to Parliament on 28 May 2026.
The first €3.2 billion ($3.7 billion) installment is within reach, and MP Yaroslav Zheleznyak said a vote could come within hours.
Ukraine is preparing to commit to a wartime tax overhaul—extending a 5% levy on income, ending tax breaks on imported parcels and digital-platform earnings, and tightening the simplified tax system small businesses use—as a condition attached to a €90 billion ($104.4 billion) EU loan.
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