The European Union is seeking additional funding for Ukraine in 2027 and is trying to bring in financial support from partners outside the bloc.
EU Economy Commissioner Valdis Dombrovskis told Reuters this on the sidelines of meetings of the International Monetary Fund and G7 finance ministers in Bangkok.
According to Dombrovskis, Ukraine’s external financing needs for 2026 are already covered. Around 31 billion euros in EU assistance are expected to be disbursed after Kyiv implements agreed reforms.
For 2027, the European Union has already pledged around 45 billion euros, but Dombrovskis said Ukraine’s actual financial needs will be considerably higher.
The EU expects to cover roughly two-thirds of the required financing and hopes other partners will provide the remainder.
Dombrovskis named Norway, Switzerland, Canada, Japan and the United Kingdom among the countries with which Brussels is discussing additional support.
To buy time for raising those funds, the EU plans to accelerate the disbursement of part of the money already pledged for 2027.
Dombrovskis also said there was a gap between the amount of military aid to Ukraine pledged by several NATO countries and the amount actually delivered. He said fulfilling existing commitments would help reduce Kyiv’s need for additional military financing.