EU leaders are discussing today the use of revenues generated from frozen Russian assets to financially support Ukraine, which is facing a significant budget deficit.
Raluca Ioana Draghici
International
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On Thursday, the leaders of the European Union will analyze proposals for the use of revenues from frozen Russian sovereign assets, primarily in Belgium, to financially support Ukraine. President Zelensky emphasized the need for European unity in allocating these assets, considering the financial difficulties Ukraine is facing. The IMF estimates that Ukraine will need approximately 135 billion euros for 2026 and 2027, and the budget deficit for the next year amounts to 1.9 trillion hryvnias.
The Minister of Finance stated that Ukraine needs 45 billion dollars in external financing for 2026, and defense spending will represent a significant part of the budget. Additionally, Ukraine has already received over 160 billion dollars in external financial aid from partners since the beginning of the Russian invasion. A swift decision to approve the loan for repairs could also unlock other funds necessary for Ukraine's economic stability.
The Minister of Finance stated that Ukraine needs 45 billion dollars in external financing for 2026, and defense spending will represent a significant part of the budget. Additionally, Ukraine has already received over 160 billion dollars in external financial aid from partners since the beginning of the Russian invasion. A swift decision to approve the loan for repairs could also unlock other funds necessary for Ukraine's economic stability.
Sources
Finanțarea Ucrainei din active rusești, pe agenda de astăzi a liderilor UE. Volodimir Zelenski: Nu vom putea rămâne puternici economic
Liderii UE se reunesc pentru a conveni asupra complicatei probleme a finanţării Ucrainei în 2026-2027, aprobarea Belgiei fiind esenţială. Diplomat: „Acesta nu este un Consiliu European în care putem să ne despărţim vineri fără să avem nimic”
Liderii UE se întâlnesc la Bruxelles pentru discuţii critice privind ajutorul financiar pentru Ucraina / Folosirea activelor rusești înghețate, cel mai tensionat punct
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