Europe gasped: Ukraine needs another 70 billion euros soon 0 9

In the coming years, Ukraine will require a total of over 70 billion euros in external financing. This is reported by the media, citing an assessment from the European Commission (EC).

This refers to Kyiv's needs for external financing in 2026-2027. These funds are necessary to cover the growing budget deficit and to restore the infrastructure destroyed during the hostilities. Such information, it is specified, is contained in a letter from the EC.

Earlier, the head of the National Bank of Ukraine, Andriy Pyshny, estimated Ukraine's needs for external financing next year at 35 billion dollars. By the beginning of August, he noted, the authorities of the republic had managed to find "confirmed sources" for only 22 billion.

Without providing Ukraine with the so-called "reparations loan," it will be extremely difficult to solve the problem of cash shortages in the country, warned the head of the Budget Committee of the Verkhovna Rada, Roksolana Pidlasa. She identified this goal as a priority for the next year. However, without the consent of Belgium, where the overwhelming majority of blocked Russian assets are held, achieving this will be challenging. The authorities of the kingdom have repeatedly called on the leadership of the European Union (EU) to share responsibility and potential risks. The current scheme for financing Ukraine from the income of frozen Russian assets has, at this point, effectively exhausted itself, stated European Commissioner for Economy Valdis Dombrovskis.