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European Union approves 90 billion euro financial support for Ukraine
Updated On: 20 December, 2025 09:02 AM IST | Kyiv | Agencies
The announcement followed a meeting on Thursday between President Volodymyr Zelenskyy of Ukraine and European leaders in Brussels, where he made a last-minute appeal for the EU to tap frozen Russian assets to fund Ukraine’s war effort and sustain the country economically
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(From left) Poland’s President Karol Nawrocki and Ukraine’s President Volodymyr Zelenskyy review a military honour guard at the Presidential Palace in Warsaw, Poland, on Friday. Pic/AFP
European leaders have agreed to provide Ukraine with 90 billion euros in financial support for 2026-27, a decision aimed at funding Ukraine’s military and economic needs. The decision to provide 90 billion euros of support to Ukraine for 2026-27 is approved,” Antonio Costa, president of the European Council, said.
“This sends a clear signal from Europe to Putin: This war will not be worth it. We will keep Russian assets frozen until Russia has compensated Ukraine,” said Olaf Scholz, former German Chancellor, who suggested the interest-free loan.
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