EU plans to send a new 45 billion euros to Kyiv in 2027

The EU is considering a new €45 billion loan to help Ukraine meet a projected €70 billion budget shortfall in 2027. If approved, it would add to a separate €45 billion EU contribution already planned for that year, but Ukraine would still need other countries to help cover the gap.

The European Commission is expected to circulate the proposal in the coming days, after which member states would need to agree its terms. Diplomats expect some countries, including Czechia, Hungary and Slovakia, and possibly Bulgaria, to opt out of interest payments, while EU governments also weigh how to fund the loan amid higher defence spending and negotiations over the next EU budget.