Video. EU Turns Page on Ukraine's $27bn Deficit, Says All Needs Are Covered
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7 Articles
Kiev and Brussels reached an agreement on the terms of financing Ukraine during 2026 and 2027, but without any new financial commitments from the European Union (EU) at this stage, the two sides said late last night in a joint statement.
On Thursday Ukraine and the European Union reached agreement in principle on how to meet the additional financial needs of Kiev for 2026, according to which Brussels does not intend to commit for new amounts.
EU locks in €45bn for Ukraine as it tells other allies to step up
The European Commission and Ukraine have identified, through coordinated efforts, the sources from which Ukraine's 2026 budgetary and defence needs can be covered, the European Commission and Ukraine announced in a joint statement on Thursday.
Video. EU turns page on Ukraine's $27bn deficit, says all needs are covered
Video. The mystery surrounding Ukraine's $27 billion shortfall abruptly ended on Thursday as the European Commission confirmed the country's financial and military needs for 2026 are fully covered.
Flags of the European Union, Brussels. Photo: Christian Lue/Unsplash “We have identified the means to cover Ukraine's budget and defense needs for 2026” and the necessary steps to guarantee their payment, the statement said. Ukrainian President Volodymyr Zelensky confirmed that an agreement had been reached on the “format, timeframe and necessary steps” for 2026 and 2027. Ukrainian Foreign Minister Andriy Sibiha mentioned several options,
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