October 24, 2025
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The EU has postponed the decision on sources of funding for Ukraine until December – Cost

The head of the European Council, Antonio Kosta, said that the EU will decide on sources of funding for Ukraine in December 2025. Source: Košta at the press conference following the European Council meeting in Brussels Details: According to him, the key signal of the summit was confirmation of long-term support for Kyiv. “We will support Ukraine as much as it will be necessary and for as long as it will be necessary,” the head of the European Council emphasized. The head of the European Council added that the European Commission is tasked with developing and offering options as soon as possible that will allow Ukraine to defend itself against Russia. “Russia should take note of this. Ukraine will have the financial resources necessary to defend against Russian aggression in the future as well,” Koshta said. He specified that now it is necessary to work out the technical, legal and financial aspects of this support, and this issue will be finalized at the December meeting of the European Council. In addition to financial guarantees, EU leaders approved the 19th package of sanctions aimed at increasing pressure on Russia and its military machine. An agreement was also reached on the strengthening and coordination of measures to undermine the activities of the Russian “shadow fleet”, which is used to circumvent oil sanctions. “We continue to use all the means at our disposal to put Ukraine in a strong position if and when negotiations with Putin begin. Europe will not let Ukraine down,” he emphasized. Particular attention was paid at the summit to strengthening the EU’s own defense capabilities. Antonio Costa announced the completion of the formation of the foundations of the European defense strategy, the definition of priority areas, such as countering drones and air defense, with a special emphasis on the eastern flank. Clear deadlines have been approved: relevant coalitions must be created by the end of the current year, and the launch of specific projects is planned for the beginning of 2026. “The defense of Europe is not only an increase in spending. It is a smarter use of funds, cooperation and meeting the needs of our citizens. This is how we build the sovereignty of Europe,” said the head of the European Council. Background: Previously, the President of Ukraine, Volodymyr Zelenskyi, announced that the European Union has undertaken to provide financial assistance to Ukraine until 2027 inclusive, and confirmed the political will to use frozen Russian assets for the benefit of Ukraine. As “Evropeyska Pravda” reported, on October 23, EU leaders approved conclusions regarding Ukraine, which confirm the commitment of the European Union to ensuring the financial and military needs of Ukraine in 2026-27: 26 out of 27 EU states voted for the document. Hungary has traditionally not supported such a document.”, — write: www.pravda.com.ua

The EU has postponed the decision on sources of funding for Ukraine until December - Cost Antonio Costa. Photo: Getty Images

The head of the European Council, Antonio Kosta, said that the EU will decide on sources of funding for Ukraine in December 2025.

Source: The cost is press conference according to the results of the meeting of the European Council in Brussels

Details: According to him, the key signal of the summit was confirmation of Kyiv’s long-term support.

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“We will support Ukraine as much as it will be necessary and for as long as it will be necessary,” the head of the European Council emphasized.

The head of the European Council added that the European Commission is tasked with developing and offering options as soon as possible that will allow Ukraine to defend itself against Russia.

“Russia should take note of this. Ukraine will have the financial resources necessary to defend against Russian aggression in the future as well,” Koshta said.

He specified that now it is necessary to work out the technical, legal and financial aspects of this support, and this issue will be finalized at the December meeting of the European Council.

In addition to financial guarantees, EU leaders approved the 19th package of sanctions aimed at increasing pressure on Russia and its military machine. An agreement was also reached on the strengthening and coordination of measures to undermine the activities of the Russian “shadow fleet”, which is used to circumvent oil sanctions.

“We continue to use all the means at our disposal to put Ukraine in a strong position if and when negotiations with Putin begin. Europe will not let Ukraine down,” he emphasized.

Particular attention was paid at the summit to strengthening the EU’s own defense capabilities. Antonio Costa announced the completion of the formation of the foundations of the European defense strategy, the definition of priority areas, such as countering drones and air defense, with a special emphasis on the eastern flank. Clear deadlines have been approved: relevant coalitions must be created by the end of the current year, and the launch of specific projects is planned for the beginning of 2026.

“The defense of Europe is not only an increase in spending. It is a smarter use of funds, cooperation and meeting the needs of our citizens. This is how we build the sovereignty of Europe,” said the head of the European Council.

Prehistory:

  • Former President of Ukraine Volodymyr Zelenskyi reportedthat the European Union undertook to provide financial assistance to Ukraine up to and including 2027 and confirmed the political will to use frozen Russian assets for the benefit of Ukraine.
  • As “Europeyska Pravda” reported, EU leaders on October 23 approved conclusions regarding Ukrainewhich confirm the commitment of the European Union to ensuring the financial and military needs of Ukraine in 2026-27: 26 out of 27 EU states voted for the document. Hungary traditionally did not support similar document.
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