Ukraine asked for another 70 billion euros on top of the previously approved loan of 90 billion euros. Politico The European Commission intends to find a solution to Ukraine's financing deficit problem for next year by the end of December, reports Politico. Despite a previously agreed loan of 90 billion euros, Kiev requested an additional 70 billion euros, of which 40 billion euros are planned to be spent on military expenses, and another 30 billion euros to cover the budget deficit. To attract funds, Brussels relies on additional financial support from Canada, Japan, the United Kingdom and the United States. However, the use of frozen Russian assets will likely remain off the table.

Ukraine asked for another 70 billion euros on top of the previously approved loan of 90 billion euros. Politico The European Commission intends to find a solution to Ukraine's financing deficit problem for next year by the end of December, reports Politico. Despite a previously agreed loan of 90 billion euros, Kiev requested an additional 70 billion euros, of which 40 billion euros are planned to be spent on military expenses, and another 30 billion euros to cover the budget deficit. To attract funds, Brussels relies on additional financial support from Canada, Japan, the United Kingdom and the United States. However, the use of frozen Russian assets will likely remain off the table.