EU turns page on Ukraine's $27 billion deficit, says all needs are covered. The mystery surrounding Ukraine's $27 billion shortfall abruptly ended on Thursday as the European Commission confirmed the country's financial and military needs for 2026 are fully covered.
The European Commission has concluded that Ukraine's financial and military needs for this year are fully met, one month after Kyiv flagged a $27 billion (€23.92 billion) shortfall in its Ministry of Defence that caught Brussels off guard. "Today, through coordinated joint efforts, we have identified the means to cover Ukraine's budget and defence needs for 2026," the Commission said in a vaguely worded statement shared by President Ursula von der Leyen on Thursday.
The European Commission has concluded that Ukraine's financial and military needs for this year are fully met, one month after Kyiv flagged a $27 billion (€23.92 billion) shortfall in its Ministry of Defence that caught Brussels off guard. "Today, through coordinated joint efforts, we have identified the means to cover Ukraine's budget and defence needs for 2026," the Commission said in a vaguely worded statement shared by President Ursula von der Leyen on Thursday.