The goal is to ensure the satisfaction of Kyiv needs before winter, especially considering the uncertain prospects for further military support from the United States.
The European Commission is immediately discussed in member countries in financing options up to $ 19 billion, missing out on Ukraine’s budget. Among the proposals, in particular, the direction of military support in Ukraine in the form of additional remembrance grants, preliminary loans from the existing G7 support scheme for $ 50 billion for KYIV and the further use of Russian state assets frozen the EU. The Financial Times reported this on Tuesday, July 8.
“There are more concerns about next year, and many who rely on a stopping agreement this year are forced to check their costs and admit that the financial hole will remain in any scenario,” said an EU representative who participated in Kiev’s negotiations.
According to officials, the Commission had changed the financing of Ukrainian programs in 2025, as he did not believe in the fast end of the war.
The search for the search for funds coincides with the preparation for the Ukraine restoration summit, which will be held in Rome this week with the participation of the European Commission chairman Ursula von der Lyain.
The IMF said the needs of Ukraine were said to be covered for next year, but it was based on the conclusion of the war this year or in the middle of 2026 – that KYIV or Brussels did not share.
According to the European diplomat, the goal is to close the needs of Kyiv before the beginning of winter, given the uncertainty of further assistance from the United States.
One of the options discussed is the provision of military assistance as a bilateral grant to be considered separately as “extra -Budgetary external shifts”, as well as counting national defense costs.
“Instead of doubling the opportunities, European allies can co -Finance Ukrainian forces, it is considered as a service that Ukraine provides to strengthen the security of the continent,” the document said Kyiv has shifted G7 countries.
One of the EU’s older officials admitted that helping Kyiv was not only the defense of Ukraine, but also the defense of Europe, and some of these costs should be considered in defense.
Another option is to accelerate the provision of loans from G7’s $ 50 million scheme, which is provided by revenue from frozen Russian owners.
In the absence of a ceasefire, Ukraine expects a budget shortage of at least $ 8 billion in 2026, even though some of the promised funds have been paid earlier. If this did not happen, the gap could have grown to $ 19 billion.
Another potential source of financing may invest frozen Russian properties in more risky tools -subject to distribution of liability for possible losses to avoid Belgium’s extraordinary responsibility, where most of these funds are stored.
“We are studying these options, including the possibility of greater use of frozen Russian owners,” Valdis Dombrovskis confirmed last month last month.
Remember, in general, the G7’s extraordinary income initiative for Ukraine (ERA) provides for the allocation of $ 50 billion, where the European Union will provide $ 20 billion.
Earlier it was learned that the European Union could double Ukraine’s military support this year.
Ukraine has received € 1 billion from Russian possessions
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.