European Commission President Ursula von der Leyen, in a letter dated November 17, proposed three financing models for Ukraine to the EU member states:
Source: Censor.NET
- Grants funded by EU member states.
- Limited-recourse loans financed by the EU through borrowing on external markets.
- Limited-recourse loans tied to the use of frozen Russian assets.
Von der Leyen urged EU countries to make a decision as soon as possible to coordinate it at the December European Council meeting. She emphasized that timely support for Ukraine would increase pressure on Russia and create a foundation for ending hostilities and initiating peace negotiations.
Ukraine’s projected needs for 2026 amount to approximately €71.7 billion, of which €51.6 billion is for military purposes. The European Commission plans its support assuming the war will end by the end of 2026.