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Kyiv Warns €26B Budget Gap Despite €90B EU Loan

9/8/2026

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Story summary
  • Prime Minister Serhii Koretsky says Kyiv faces a €26 billion budget shortfall despite a €90 billion EU loan.
  • Russia is allocating a record 45 percent of its government revenue to war production.
  • Ukrainian strikes have knocked out 20 percent of Wildberries warehousing, triggering a fuel crisis.
  • Investigations reveal $1.2 billion lost in Ukraine’s 2024 military procurement due to fraud.