July 14, 2025
FT: Brussels is looking for $ 19 billion to cover Ukraine's budget deficit next year thumbnail
Economy

FT: Brussels is looking for $ 19 billion to cover Ukraine’s budget deficit next year

According to the publication, the European Commission discusses different options with EU Member States, including providing military support to Ukraine in the form of extrabudgetary grants”, – WRITE: www.radiosvoboda.org

Brussels is urgently looking for ways to cover the budget deficit of Ukraine up to $ 19 billion next year, Financial Times writes, citing sources familiar with the course of negotiations.

According to the newspaper, the European Commission discusses various options with EU Member States, including providing military support to Ukraine in the form of extrabudgetary grants, allocation of Kyiv loans from an existing G7 support program for the amount of $ 50 billion, as well as further attracting Russian assets frozen in the EU.

The projected budget deficit of Ukraine for next year is not covered by external funding.

“There is anxiety about next year and many stakeholders who have been counting on the ceasefire agreement this year [для полегшення фіскальної напруги в Україні]are forced to transfer their expenses and understand that the hole [у фінансуванні] It remains, no matter how they try to patch it, ”said a high -ranking EU official who participates in negotiations with Kiev.

The commission was already forced to adjust the costs of financial flows related to Ukraine during 2025, as reported by Financial Times officials, in response to a long conflict and lack of confidence in the rapid ceasefire with Moscow.

The urgent need for Brussels to find new funding appeared on the eve of the Summit on the financing of Ukraine’s needs for restoration, which will take place in Rome at the end of this week and in which the President of the European Commission Ursula von Der Layen will take part.

By IMF estimates, Ukraine’s financial needs for next year are covered, but provided that the war will end this year or in mid -2026 – a script that Ukraine and the EU are not shared.

Related posts

Підсумки конференції з відновлення: Мінрозвитку домовилося про залучення 3,5 мільярда євро

unn

Зелена енергія в дії: як БаДМ генерує 1,3 млн кВт на рік

unn

“Transparency is key”: Ambassadors of “Seven” congratulated progress in the selection of Bab Director

cccv

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More