EU urges member states to tap €21.3 billion SAFE fund to boost defence, support Ukraine
The Commission says member states should use the unused loans for joint projects with Ukraine, including air defense, drones and ammunition, as Kyiv faces a funding gap.
- 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.
65 Articles
65 Articles
This EUR 45 billion loan to Ukraine in 2027 is part of the EUR 90 billion loan approved by the European Union (EU) at the beginning of this year and has already been allocated EUR 45 billion in 2026.
EU pushes massive new weapons buying spree with Ukraine - The Daily Bo Snerdley
The European Union is making €21.3 billion, or roughly $23.7 billion, in defense loans available to member states while urging them to purchase weapons alongside Ukraine as Brussels expands its military buildup. The European Commission opened the second funding round Thursday under its Security Action for Europe (SAFE) initiative, inviting all 27 EU countries to request loans, including those that declined to join its initial round, according to…
The European Commission has launched the procedure to extend funding for Ukraine into 2027. Brussels has submitted a proposal to the EU Council for formal approval of the second half of the loan, totalling €90 billion. Member states are expected to examine the proposal and approve the release of the funds. They are to provide budgetary support to Ukraine, as well as resources to strengthen its defence. “The funds will provide Ukraine with vital …
The EU announced the allocation of 45 billion euros of loans for Ukraine in 2027. The <p>European Commission proposes to provide Ukraine with the remaining 45 billion euros of loans for 2027. €31.7 billion will go to defense, €13.3 billion - to </p>budget.
European Commission proposes disbursing remaining EUR 45 bln from EUR 90 bln loan to Ukraine in 2027
The European Commission is proposing that the EU Council approve the disbursement to Ukraine of the remaining portion of the 2027 loan, amounting to EUR 45 billion, as part of the total financial support for the 2026-2027 period totalling EUR 90 billion.
Coverage Details
Bias Distribution
- 47% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
