Zelensky asks EU for 70 billion euros more in 2027

Ukrainian President Volodymyr Zelensky requested an additional 70 billion euros from the European Union for 2027 during a summit in Brussels on Friday, citing the war's projected cost of 155 billion euros next year. Zelensky told EU leaders the amount was realistic and necessary to contain Russia, publishing his speech on X. European leaders acknowledged that while funding for 2026 is secured, 2027 remains only partially covered, with a 90-billion-euro EU loan providing 45 billion for next year. German Chancellor Friedrich Merz said Thursday that European financing must increase again to support Ukraine sustainably, as the current sum is insufficient for the country's war effort.