Slovakia has announced that it will not participate in the new loan that the EU intends to grant to Ukraine by the end of the year, requiring concrete measures from the European Commission to reduce the price of electricity.
© Sebastian Christoph Gollnow/picture alliance via Getty Images
15/10/2026
by
Lusa
A Slovakia has today stated that it will not participate in the new loan that the European Union (EU) intends to agree by the end of the year to Ukraine, while also demanding concrete measures from the European Commission to reduce the price of electricity.
“We will not prevent others from granting such a loan to Ukraine if they are interested, but the Slovak Government will not participate in this mechanism, as happened with the previous 90 billion loan to Ukraine,” said Slovak Prime Minister Robert Fico.
The Slovak Head of Government made these statements in a statement shortly before the start of the EU leaders' summit in Brussels.
A year ago, the EU approved a loan to Kiev, after having exceeded the veto imposed by the Czech Republic, Slovakia and Hungary — countries which conditioned its endorsement on Ukraine's restoration of the flow of Russian oil through its territory. In the end, the three withdrew the veto, but decided not to secure the loan.
With this loan, Ukraine could meet its most urgent fiscal and industrial defence capacity needs in 2026 and 2027.
The war in Ukraine will be one of the central issues to be addressed by European leaders at the summit that is beginning today.
I would point out that a new loan should not be related to the EU budget for the period 2028-2034, contrary to the 90 billion loan, which was supported by the multiannual EU financial framework then in force.
The Slovak Prime Minister also stressed that he was going to demand concrete measures at this meeting to reduce the price of electricity in Europe.