EU agrees to release €6.6 billion linked to Ukraine military aid
The package ends years of deadlock and will reimburse countries for weapons already sent, with €4.7 billion earmarked for that purpose.
- On Friday, European Union member countries agreed to release €6.6 billion in military aid for Ukraine from the European Peace Facility, High Representative Kaja Kallas announced.
- The funds had been stalled since spring 2023 by Hungary's previous government under Prime Minister Viktor Orban. That deadlock broke this year after Prime Minister Peter Magyar took power.
- Kallas detailed that €4.7 billion will reimburse member states, €1 billion will fund joint procurement, and €900 million will support the EU's military training mission. Some states may send reimbursements directly to Kyiv.
- Ukrainian President Volodymyr Zelenskyy warned that his country faces a $27 billion Ministry of Defence shortfall. He emphasized that funding for weapons is critical to survive constant strikes.
- Kallas stated, "That's good news for Ukraine and bad news for Russia." She added that Europe is countering Moscow's attempts to intimidate the bloc into reducing support.
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190 Articles
The European Commission has made effective this Friday the disbursement of 2.9 billion euros to Ukraine...
The European Commission and Ukraine announced on Thursday that they identified the funds needed to cover Kiev's budgetary and defence needs for the remainder of 2026. The two sides also agreed to accelerate preparations for the 2027 allocation of funding, under the conditions that Ukraine is trying to cover a deficit for the continuation of military operations.
Kiev and Brussels reached an agreement on the terms of financing Ukraine during 2026 and 2027, but without any new financial commitments from the European Union (EU) at this stage, the two sides said late last night in a joint statement.
On Thursday Ukraine and the European Union reached agreement in principle on how to meet the additional financial needs of Kiev for 2026, according to which Brussels does not intend to commit for new amounts.
EU locks in €45bn for Ukraine as it tells other allies to step up
The European Commission and Ukraine have identified, through coordinated efforts, the sources from which Ukraine's 2026 budgetary and defence needs can be covered, the European Commission and Ukraine announced in a joint statement on Thursday.
Ukraine is entering the winter with increasing financial pressure, while Russia is intensifying attacks with drones and missiles on critical infrastructure. Kiev warns that the lack of money could affect the country's ability to continue the war and to pay the military, pensions and salaries of budgetaries.
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