EU Likely to Grant Ukraine New Loan for 2027 Budget Gap, Estonian PM Says

usnews.com —

The European Union will likely need to provide Ukraine with a new loan to cover its budget gap next year and sustain its fight against Russia, Estonian Prime Minister Kristen Michal told Reuters on Friday. Michal said European financial assistance is essential in the war of attrition, noting the EU previously agreed to a €90 billion loan for 2026-2027. Kyiv now faces a gap exceeding $70 billion for defence and regular spending next year. Michal suggested another EU loan is the probable solution, as it is a mechanism Europe has used before. He hopes leaders can decide on 2027 funding before year-end, ahead of elections in many European countries.


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EU Likely to Grant Ukraine New Loan for 2027 Budget Gap, Estonian PM Says | News Minimalist