November 20, 2025
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Ukraine News Today

Kallas: “reparation loan” is the best way to support Ukraine’s defense

Providing Ukraine with “reparation loans” on the basis of Russia’s frozen assets is the best option of all the proposed options for financial support for Ukraine from the European Union in 2026-27.”, — write: www.pravda.com.ua

Callas: a reparation loan is the best way to support Ukraine's defense Kaya Callas. Photo from Facebook

Providing Ukraine with “reparation loans” on the basis of Russia’s frozen assets is the best option of all the proposed options for financial support for Ukraine from the European Union in 2026-27.

Source: high representative of the EU for foreign and security policy Kaya Kallas, answering the questions of the correspondent of “European Pravda”

Details: Kallas considers “reparation loans” to be the most optimal option for financial support for Ukraine in 2026 and 2027.

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“Many ministers (today – the “EP”) also raised the issue of financial support for Ukraine. A “reparation loan” is the clearest way to support Ukraine’s defense. It is also a way to show Russia that time is not on their side,” Callas told EuroPravda.

She specified that at the meeting of the EU Council on Foreign Affairs on November 20, the issue of funding for Ukraine “was not discussed in depth, although it was raised several times.”

“Those countries that spoke in favor of financing also expressed their support for the “reparation loan” and confirmed the urgency of progress in this direction,” added the chief EU diplomat.

“Supporting Ukraine is a bargain compared to the price of a Russian victory,” Kaya Kallas emphasized.

As “European Truth” reported, in 2026-2027 Ukraine’s budget will need 135.7 billion euros of foreign aidof which 83.4 billion are military needs.

The European Commission suggests three options for providing financial support to Ukraine over the next two years.

The EU plan with a “reparation loan” to Ukraine with the use of Russian assets slowed down due to Belgium’s reservationon the territory of which the main part of the Rosactivs in the EU is stored and which is afraid of the legal consequences of such a decision.

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