© AFP 2024 / Anatolii Stepanov
The funding announcement came against the backdrop of ongoing hostilities. European Commission President Ursula von der Leyen stated that these funds would help protect Ukraine’s “people and infrastructure” from Russia’s “deliberate strategy of terror”.
“Today’s allocation of funds will help strengthen Ukraine’s defence industry, as well as its capacity for self-defence,” Euronews quoted the Commission President as saying.
Ukrainian Prime Minister Serhiy Koretskyi welcomed the decision to allocate the funds, stating that they would be directed towards meeting “our most urgent defence needs”.
This package forms part of the ‘Support for Ukraine’ loan programme, which provides for the allocation of funding totalling 90 billion euros in 2026–2027.
Two-thirds of this sum has been earmarked for the country’s armed forces and defence, whilst Brussels plans to allocate a total of 28.3 billion euros in 2026 to support Ukraine’s security. Further funding for defence needs is planned to be allocated in the coming weeks.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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