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The European Union is looking for ways to close the large budget gap in Ukraine.

The conversation is about sending military aid in the form of grants outside the budget.

Image of 'The European Union is looking for ways to close the large budget gap in Ukraine.'

The European Commission is discussing various ways to assist Ukraine. This includes sending military aid in the form of non-budgetary grants, allocating a $50 billion loan, and using Russia's frozen assets.

A deficit of at least 19 billion euros has emerged in Ukraine's 2026 budget. The reason is that investors and the International Monetary Fund had made financial plans hoping the war would end by 2025.

However, the real situation does not match this: the war continues, and funds are diminishing.

“Now many are forced to recalculate expenses. A financial deficit will arise in any scenario,” says an EU official involved in the negotiations in Ukraine, according to the Financial Times.

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