The EU Commission Is Tasked with Finding Money for Ukraine
9 Articles
9 Articles
The EU member states have asked the European Commission to look into how the EU can provide the funds Ukraine needs in 2027. Earlier on Friday, Zelensky said at next year's EU summit that an additional 70 billion euros is needed.
The Chairman of the European Commission (EC), Ursula von der Lien, stated that partner States should help the European Union to finance Ukraine, as its costs will increase as hostilities continue." We are accelerating the provision of assistance to meet Ukraine's most urgent needs.
Ukraine is facing a big hole in its war chest. Now the EU Commission must find a way out.
President of the European Council states that the whole collective "accorded immediately" that it has to respond to Ukraine's "additional financing needs"
The European Council has instructed the European Commission to prepare proposals to close Ukraine's budget shortfall for 2027 in the amount of 70 billion euros.
The leaders of the European Union (EU) today asked the European Commission to present a proposal to meet Ukraine's financial needs, estimated by President Zelensky at an additional EUR 70 billion. "We agreed immediately that we need to respond to Ukraine's additional funding needs by 2027, and we ask the Commission to present a concrete proposal for debate and approval," said European Council President Antonio Costa at a press conference at the …
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