The European Commission expects Ukraine’s allies outside the European Union to sharply reduce their financial support for Kyiv in 2027, with planned assistance projected to fall to around €4 billion, down from €19 billion in 2026, according to the Financial Times.
The projected decline represents a fivefold drop in funding from non-EU partners, prompting European officials to explore alternative ways to finance Ukraine’s needs.
EU Explores Options to Make Up for Funding Shortfall
Officials at the European Commission are considering several alternatives to maintain financial assistance to Ukraine, including the possible issuance of joint debt securities, amid concerns over declining contributions from countries outside the bloc.
The European Union is also pressing countries including the United Kingdom, Japan and Canada to increase their financial support for Kyiv.
Ukraine Seeks an Additional €70 Billion
Ukrainian President Volodymyr Zelenskyy said earlier this month, during a European Union summit, that Ukraine would need an additional €70 billion in funding in 2027.
Meanwhile, EU member states have agreed to provide Ukraine with €90 billion in assistance over two years as part of broader efforts to meet the country’s financial needs.
