The European Parliament is expected to approve the loan this month, allowing it to be paid out next year, as Ukraine desperately seeks funds for its economy.
The EU's loan, part of a larger G7 initiative, aims to help Ukraine's economy and military, with funds leveraged from frozen Russian assets immobilized since February 2022.
The G7 powers announced a $50bn loan for Ukraine in June, with the EU moving first to detail its contribution while awaiting commitments from other nations.
Current delays in implementing the G7 loan reflect ongoing negotiations, particularly regarding assurances on the continued freezing of Russian assets held by the EU.
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