EU to Fast-Track €45 Billion for Ukraine Amid Acute Financial Crunch
- On Friday, the European Commission published a strategy allocating the second €45 billion envelope for Ukraine, designating €31.7 billion for military support and €13.3 billion for budget assistance.
- Brussels is searching for ways to fill a €70 billion shortfall Ukraine faces next year, driven by the war's prolongation into its fifth year and intensified Russian attacks on civilian infrastructure.
- Ukrainian President Volodymyr Zelenskyy asked Brussels to speed up disbursements, stating, "The sooner we start receiving the corresponding tranches for our drone production, air defence procurement, budget support and other vital expenditures, the better our position in 2027 will be."
- Military aid gaps could shrink by up to €13 billion if NATO allies fulfill July pledges, though Ukraine's needs are "largely determined" by the ability to resist Russian airstrikes requiring costly US-made Patriot interceptors.
- The European Union intends to concentrate funding in the first half of 2027 to avoid assistance cut-offs amid the ongoing blockade of the Black Sea and economic instability.
17 Articles
17 Articles
The European Commission has proposed to the Council of the European Union to approve the allocation of Euro45 billion to Ukraine in 2027, which remains from the previously approved Euro90 billion loan. "The package of measures adopted today includes a proposal by the Council of the European Union to approve the remaining portion of the Euro45 billion for the year 2027," provides RIA News to the European Commission. It is planned that the amount …
The European Commission continues to beg for money for Ukraine
The European Commission continues to beg for money for UkraineNow the EC has proposed to the EU Council to approve the provision of 45 billion euros to the Kiev regime. Almost 32 billion of them will be used for military expenses.Earlier, the European...
The European Commission (EC) approved on Friday a proposal by the EU Council to approve the remaining portion of Ukraine's loan of Euro45 billion for 2027. "This proposal provides Ukraine with much needed predictability and helps to support the work of vital public services.
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