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EU Negotiates €140 Billion Loan to Aid Ukraine's Budget Crisis

11/7/2025

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Summary

Story summary

The European Commission is negotiating with Belgium to secure a €140 billion reparations loan for Ukraine.
Ukraine faces a budget shortfall of about $60 billion over the next two years.
The Commission aims to reassure Belgian Prime Minister Bart De Wever about the plan.
Ukraine is expected to run out of money by spring 2026.

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Story summary

The European Commission is negotiating with Belgium to secure a €140 billion reparations loan for Ukraine.
Ukraine faces a budget shortfall of about $60 billion over the next two years.
The Commission aims to reassure Belgian Prime Minister Bart De Wever about the plan.
Ukraine is expected to run out of money by spring 2026.