EU plans €100 billion support package for Ukraine through 2034
European Commission President Ursula von der Leyen (Getty Images)
The European Union has included €100 billion in its long-term budget for 2028–2034 to support Ukraine. The funds will be allocated through the Ukraine Facility, European Commission President Ursula von der Leyen announced, according to European Pravda.
"We are allocating €100 billion for Ukraine," von der Leyen said during the presentation of the draft budget.
She noted that the Ukraine Facility, which had previously provided support to Ukraine, was funded with €50 billion — but those resources are gradually running out.
"These amounts are slowly but steadily decreasing, which is why we are proposing €100 billion to replenish the fund for Ukraine and support reconstruction," she explained.
It is important to note that the decision is not final. Once the draft budget is published, both the European Parliament and the European Council must take a position on it. The long-term budget is expected to be approved by the end of 2027.
What is the Ukraine Facility
The Ukraine Facility is a financial instrument of the European Union aimed at supporting Ukraine during the war and throughout the post-war recovery. The program allocates €50 billion to Ukraine for the period 2024–2027.
The funds are used for macro-financial assistance, reconstruction, reforms, and modernization. They are provided in the form of grants and loans, with their use monitored through a dedicated reporting and reform progress assessment mechanism.
EU to fund weapons for Ukraine
The United States and NATO have reached an agreement under which American weapons will be supplied to Ukraine at the expense of European countries. Under this arrangement, Ukraine will receive $10 billion worth of American arms funded by Europe.
Several countries — including Sweden, Denmark, and Germany — have already agreed to contribute. However, Hungary, Czechia, Italy, and France have opted not to join the initiative.
At the same time, European Commissioner for Defense Andrius Kubilius stated that the EU may not be able to use its own budget to purchase American weapons for Ukraine, citing internal bloc agreements that limit such procurement.
