Developing story · The live desk
EU leaders request Ukraine financing proposal for 2027
Updates appear here as they are verified. Last update
Commission tasked with proposal following €70 billion request
EU leaders asked the European Commission to prepare a proposal addressing Ukraine’s additional financing needs for 2027, European Council President António Costa said after the Brussels summit on October 16. Ukrainian President Volodymyr Zelenskyy had requested €70 billion more from Europe for next year. DW reported the summit outcome; Interfax-Ukraine reported that Costa described the forthcoming proposal as requiring discussion and approval. The concrete outcome is an instruction to prepare a financing plan. It does not itself approve the requested amount or establish that additional funds have been delivered.
Ukraine’s Zelenskyy speaks at EU summit amid spat with Trump · Von der Leyen: Ukraine faces funding shortfall of EUR 70 bln for 2027; assistance from partners needed