The EU support loan was agreed at the European Council summit in Brussels on 18 December 2025 and presented by the European Commission on 14 January 2026. As Czechia, Hungary and Slovakia have opted out from backing the loan, the agreement was taken under the enhanced cooperation procedure, a mechanism that allows willing EU member states to collaborate in specific areas. According to the treaties, the enhanced cooperation procedure requires the consent of the European Parliament.
The procedure was approved by 499 votes in favour, 135 against with 24 abstentions. On Tuesday, MEPs decided to fast-track their work on the loan and the accompanying proposals, which must now be agreed between Parliament and Council under the ordinary legislative procedure.
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