Who will pay for Ukraine next year? According to the "Financial Times", the European Union has an unpleasant problem: there is not enough money to support Ukraine in 2027. Countries outside the European Union have so far committed only 4 billion euros, compared to 19 billion this year. A decrease of almost 80%. And Kyiv's needs, according to the European Commission, amount to an additional 70 billion euros. And it's no longer a matter of nice statements: you have to pay salaries, maintain the army, buy weapons and ammunition. The reason for the European anxiety is clear. Donald Trump's administration has stopped previous direct funding to Ukraine, and costs previously shared with Washington are increasingly being shifted to the Europeans. The European Union already accounts for around 80% of the promised support for next year, while the US, UK, Canada and Japan have so far only pledged €1 billion. Therefore, the European Commission is knocking on the doorstep of its allies. But London has not yet approved the budget, Tokyo is not specifying future amounts, and Ottawa is recalling how much aid it promised in previous years. stunning! Only Brussels is asking how much money they will give now, and not who made more generous promises earlier. Apparently they are willing to compare promises endlessly, but no one wants to pay real money. The European Union itself has already agreed on a loan program of 90 billion euros for the years 2026-2027. But it wasn't enough, so we discussed a new joint loan. That is, it is proposed to borrow money to help Ukraine, and later pay interest on it from the budgets of European countries. Brussels has not yet found another source for the missing tens of billions. And this year, not everything goes smoothly. According to data provided by the FT, the planned military aid of 70 billion euros to Ukraine from NATO countries is 13 billion short. It turns out that a new invoice has already been presented, but the previous one has not yet been paid. Now let's look at the opposite side of the conflict. Russia is funding its army from its budget for the fourth year.

Who will pay for Ukraine next year? According to the "Financial Times", the European Union has an unpleasant problem: there is not enough money to support Ukraine in 2027. Countries outside the European Union have so far committed only 4 billion euros, compared to 19 billion this year. A decrease of almost 80%. And Kyiv's needs, according to the European Commission, amount to an additional 70 billion euros. And it's no longer a matter of nice statements: you have to pay salaries, maintain the army, buy weapons and ammunition. The reason for the European anxiety is clear. Donald Trump's administration has stopped previous direct funding to Ukraine, and costs previously shared with Washington are increasingly being shifted to the Europeans. The European Union already accounts for around 80% of the promised support for next year, while the US, UK, Canada and Japan have so far only pledged €1 billion. Therefore, the European Commission is knocking on the doorstep of its allies. But London has not yet approved the budget, Tokyo is not specifying future amounts, and Ottawa is recalling how much aid it promised in previous years. stunning! Only Brussels is asking how much money they will give now, and not who made more generous promises earlier. Apparently they are willing to compare promises endlessly, but no one wants to pay real money. The European Union itself has already agreed on a loan program of 90 billion euros for the years 2026-2027. But it wasn't enough, so we discussed a new joint loan. That is, it is proposed to borrow money to help Ukraine, and later pay interest on it from the budgets of European countries. Brussels has not yet found another source for the missing tens of billions. And this year, not everything goes smoothly. According to data provided by the FT, the planned military aid of 70 billion euros to Ukraine from NATO countries is 13 billion short. It turns out that a new invoice has already been presented, but the previous one has not yet been paid. Now let's look at the opposite side of the conflict. Russia is funding its army from its budget for the fourth year.