The European Commission (EC) presented its proposals on 90 bln euro funding for Ukraine in 2026-2027, of which 60 bln euro will be spent for weapons, EC President Ursula von der Leyen said at the press conference.
"We propose to split the euro 90 billion in two parts: Two-thirds for military assistance, namely euro 60 billion. And one-third, that is, euro 30 billion for general budget support. With this military assistance, Ukraine can stand strong against Russia," von der Leyen said. "And at the same time, it can integrate more closely into Europe's defense industrial base," the EC President noted.
The soonest possible approval of the proposals by the EU Council is expected in order to allocate first funds as early as in April 2026, she added.
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Κομισιόν: Παρουσιάστηκε η πρόταση για τα 90 δισ. στην Ουκρανία – Αποπληρωμή μόνο όταν η Ρωσία καταβάλει πολεμικές αποζημιώσεις
ReplyDeleteThe European Commission on Wednesday unveiled a €90 billion loan to Ukraine aimed at saving it from financial collapse as it continues to battle Russia while aid from the U.S. dries up.
ReplyDeleteAbout one-third of the cash will be used for normal budget expenditures and the rest will go to defense — although countries still need to formally agree to what extent Ukraine can use the money to buy weapons from outside the EU. A Commission proposal gives EU defense firms preferential treatment but allows Ukraine to buy foreign weapons if they aren't immediately available in Europe.