Financial aid for Ukraine is getting harder to find
The package would cover about two-thirds of Ukraine’s 2027 financing gap as Brussels presses non-EU partners to boost aid.
- On Wednesday, EU Council President António Costa urged international partners to close a €70bn funding shortfall for Ukraine in 2027, after President Volodymyr Zelensky warned that total war-related spending will reach €155bn.
- Brussels previously agreed to a €90bn loan covering 2026 and 2027, meant to meet two-thirds of Ukraine's financing needs, but the remaining third from international partners is currently secured only for 2026.
- EU member states have provided 80 percent of external aid to Ukraine; Costa reported €16bn disbursed this year, with another €17bn potentially available pending anti-corruption reforms.
- Ahead of the EU-UK summit on November 20, European Commission official Maroa indicated on Monday that Britain will be asked to increase funding to Ukraine.
- Victory relies on political will, European Commission President Ursula von der Leyen told MEPs on Wednesday, emphasizing that both the EU and international allies must sustain support for Ukraine against Russia.
98 Articles
98 Articles
The European Union is pressuring its G7 partners to increase financial support for Ukraine in 2027, citing an expected sharp drop in aid from non-EU countries, the Financial Times reports. According to a European Commission forecast seen by the publication, Kiev’s non-EU allies have so far pledged around €4 billion next year. By comparison, in 2026, this group of countries provided or pledged €19 billion. The four non-EU G7 countries – the US, U…
EU lobbies G7 nations to increase Ukraine funding
The EU is lobbying G7 nations to step up their support for Ukraine to help offset an expected drop in funding next year. Non-EU allies have pledged only $4.5 billion for 2027, the Financial Times reported, down from more than $20 billion this year, applying further pressure to strained government balance sheets amid a global cost-of-living crisis. France’s far-right presidential favorite Marine Le Pen said new Ukraine funding before April electi…
The European Peace Facility was expanded in 2024 with a sub-pocket specifically intended for Ukraine, which the then Hungarian government did not veto.
Bulgaria said last week that its refusal to participate in the new financial aid to Ukraine . Now it is Hungary, the Czech Republic and Slovakia that have made it clear in Brussels that they do not want to secure the new EU loan for Ukraine and are putting the budget negotiations under great pressure . In addition to a break in the unity of the European stance towards Ukraine, this opposition is generating unrest among the region’s neighbours, m…
Hungary's refusal to join Ukraine loan could cost valuable EU funds
Hungary could face a fresh dispute with major European Union member states over its decision to stay out of a proposed EUR 45 billion loan for Ukraine, as disagreements over Kyiv’s financing threaten to spill into negotiations on the bloc’s next long-term budget.Continue reading
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