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EU pushes to fill Ukraine’s $19bn budget gap next year

Summary by Financial Times
Brussels explores options including frontloading G7 loans to ease fiscal strains in Kyiv

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The European Commission is urgently studying ways to cover Ukraine's budget deficit for 2026, which could reach $19 billion, taking into account declining support from the United States and weakening hopes for a ceasefire with Russia.

According to the head of government, Ukraine has attracted $22 billion in foreign financing this year

·Kyiv, Ukraine
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Despite budget overspending and economic growth, Ukraine will continue to need significant international support — more than $40 billion in 2026. This was stated by Prime Minister Denis Shmyhal in a telegram reported by Ukrinform.

·Kyiv, Ukraine
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  • 60% of the sources lean Left
60% Left
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Financial Times broke the news in London, United Kingdom on Tuesday, July 8, 2025.
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