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EU Seeks €70 Billion Support for Ukraine by 2026

11/18/2025

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Story summary
  • The European Union needs over 70 billion euros in extra Ukraine support for 2026.
  • Ursula von der Leyen, President of the European Commission, outlined funding options.
  • One option is 90 billion euros in grants from member states.
  • Belgium raised concerns about implications of using frozen Russian assets for a reparations loan, delaying negotiations.
  • The EU aims to finalize a funding plan by December to address needs in 2026 and 2027.