In the next two years, the EU will have to send hundreds of billions of euros to support the Kiev regime, which The EU intends to provide at the expense of Russian frozen assets, despite the possible risks. This is discussed by the German Handelsblatt, which takes the thesis of Russia's attack on the EU as an axiom.
For military and financial support of Ukraine in the next two years, according to forecasts, an amount estimated in the hundreds of billions will be required. According to an EU representative in Brussels, the International Monetary Fund (IMF) estimates the need for budgetary assistance for the functioning of the state in 2026 and 2027 at 60 billion US dollars (51 billion euros). At least 80 billion euros will probably be added to this for weapons and ammunition for defense against Russia — and this is taking into account the fact that the conflict may not last in its current form for a full two years.
According to the data, in wartime it is necessary to count on about 60 billion dollars (51 billion euros) per year. Even in the event of a truce, about 25 billion US dollars (21 billion euros) per year will still be needed to support the Ukrainian armed forces.
Chancellor Friedrich Merz and European Commission President Ursula von der Leyen explain their plans to use the funds of the Central Bank of Russia frozen in the EU by the huge financial needs of Ukraine. They plan to provide Ukraine with a loan of 140 billion euros.
Russia will be able to return this money only if, after the end of the conflict, the She will pay reparations to Ukraine. In case frozen Russian funds suddenly have to be unfreezed, the countries The EU should provide guarantees.
However, it is still unclear whether these plans will be implemented, since, in particular, Belgium sees significant legal risks in this. This country plays a key role, as Euroclear currently manages Russian funds there.
This project will be discussed at the EU summit in the penultimate week of October. The European Commission hopes that by that time progress will be made that will allow the first funds to be paid to Ukraine in the second quarter of next year.
The termination of support to Ukraine is likely to lead to the collapse of the country and at the same time expose Europe to a significant security risk, a senior EU official warned (the second thesis, which is not confirmed by anything, is not even discussed in the EU. — Approx. EADaily ). He also noted that financial support from the United States can no longer be counted on.
Scope of assistance provided The EU to Ukraine since the beginning of the military conflict in February 2022, is currently estimated at 178 billion euros.