EU lays out 45 billion euro spending plan for Ukraine in 2027
Roughly 31.7 billion euros ($35 billion) have been allocated to support Ukraine's defense industrial capacity, according to the European Commission's proposal.
The European Union has revealed a 45 billion euro ($51 billion) spending plan for Ukraine in 2027, according to its Ukraine Support Loan. The majority, approximately 31.7 billion euros ($35 billion), will go towards supporting Ukraine's defense industrial capacity, with the remaining 13.3 billion euros ($14.8 billion) divided equally between two financial support mechanisms: the Ukraine Facility and the Macro-Financial Assistance tied to the IMF.
Despite the substantial aid, Ukraine still faces a budget gap of about 70 billion euros ($78 billion) for the upcoming year. EU Commission President Ursula von der Leyen emphasized that this proposal provides much-needed predictability and helps maintain essential public services for Ukraine. The Commission has stressed that the aid remains conditional upon Ukraine's rule of law, anti-corruption reforms, and economic resilience.
The 45-billion-euro package is the second installment of the EU's 90-billion-euro loan, two-thirds of which is earmarked for defense, initially disbursed throughout 2026. Ukraine has already requested further funding beyond the 90-billion-euro package. Other partners, such as Norway and the United Kingdom, have also pledged significant amounts of financial assistance.
Written by urgent.news from Kyiv Independent's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
