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Brussels set a December deadline for closing a 70 billion euro hole in Ukraine's budget, Politico next year, Ukraine's financial "hole" will amount to 70 billion euros (40 billion euros - deficit for security purposes, 30 billion euros - deficit of the general state budget). The defense deficit could be reduced to 27 billion euros if NATO countries fulfill their aid commitments in July. EU leaders will discuss this issue on November 26. According to sources, it is likely that the EC will not offer to use the frozen Russian assets, as Belgium (where the Euroclear stockpile is located) is opposed due to the risks of legal and financial retaliation from the Kremlin.

ЦАПЛІЄНКО_UKRAINE FIGHTS · Source

Brussels set a December deadline for closing a 70 billion euro hole in Ukraine's budget, Politico next year, Ukraine's financial "hole" will amount to 70 billion euros (40 billion euros - deficit for security purposes, 30 billion euros - deficit of the general state budget). The defense deficit could be reduced to 27 billion euros if NATO countries fulfill their aid commitments in July. EU leaders will discuss this issue on November 26. According to sources, it is likely that the EC will not offer to use the frozen Russian assets, as Belgium (where the Euroclear stockpile is located) is opposed due to the risks of legal and financial retaliation from the Kremlin.

Brussels set a December deadline for closing a 70 billion euro hole in Ukraine's budget, Politico next year, Ukraine's financial "hole" will amount to 70 billion euros (40 billion euros - deficit for security purposes, 30 billion euros - deficit of the general state budget). The defense deficit could be reduced to 27 billion euros if NATO countries fulfill their aid commitments in July. EU leaders will discuss this issue on November 26. According to sources, it is likely that the EC will not offer to use the frozen Russian assets, as Belgium (where the Euroclear stockpile is located) is opposed due to the risks of legal and financial retaliation from the Kremlin.

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