“The European Commission proposed three options for providing financial assistance to Ukraine over the next two years: bilateral grants, a loan from the EU budget from borrowing on foreign markets, and a loan using frozen assets of the Russian Federation.”, — write: www.pravda.com.ua
Ursula von der Leyen. illustrative photo from Wikipedia Source: “European Truth” with reference to the letter of the President of the European Commission, Ursula von der Leyen, dated November 17
Details: The European Commission finally offered the EU states to familiarize themselves with three financing options for Ukraine in 2026-27.
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“We have identified three main options: support to be financed by member states through grants, a loan with limited recourse financed by the European Union by borrowing on financial markets, or a loan with limited recourse linked to cash balances of immobilized assets (in Russia – “EU”),” the letter says.
Von der Leyen called on EU member states “to reach a clear commitment as soon as possible on how to ensure that the necessary funding for Ukraine is agreed at the next meeting of the European Council in December.”
“Advancement of this issue will allow us to maintain pressure on Russia, deprive it of hope for victory and lay the foundations for the cessation of hostilities and the basis for the long-awaited peace negotiations,” the president of the European Commission is convinced.
Prehistory:
- During the preparation of the project of financing options for Ukraine in 2026-27, the European Commission assumed that the war in Ukraine should end at the end of 2026.
- According to the estimates of the European Commission, in 2026, Ukraine will need external financing in the amount of more than 71 billion euros, of which more than 51 billion will go to military needs.
- As is known, the EU’s plan with a “reparation loan” to Ukraine using Russian assets has stalled due to the reservations of Belgium, on the territory of which most of the Russian assets are stored in the EU and which is afraid of the legal consequences of such a decision.
- The EU assures that the issue of using Russia’s frozen assets for financial support of Ukraine remains on the agenda, and the final decision will be made in December 2025.