EU may grant Ukraine new loan of 45 billion euros, in addition to 90 billion euros, - European Commission
The European Commission is considering the possibility of allocating a further 45 billion euros to Ukraine in 2027 to cover two-thirds of the 70 billion euro funding shortfall.
This was stated by Valdis Dombrovskis, the European Commissioner for Economic Affairs, according to Censor.NET, citing the European Parliament.
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According to him, the European Commission is exploring the possibility of providing Ukraine with an additional 45 billion euros in 2027 under a loan scheme similar to the 90-billion-euro Ukraine Support Loan.
"We are working to cover Ukraine’s funding shortfall, which has turned out to be larger than expected. This amounts to an additional 70 billion euros, of which the EU would aim to cover around two-thirds – that is, to be precise, a further 45 billion euros."
"But we are currently working on options which we will subsequently present to the Member States," said Dombrovskis.
One of the main options currently being considered and assessed is a loan scheme involving the joint raising of borrowed funds, secured against Russian assets.
When asked to clarify whether sufficient funding would be found to raise €45 billion in borrowed funds, Dombrovskis expressed cautious optimism.
"We are currently working on this, but I would say that I am cautiously optimistic that we will be able to find a solution and secure this additional funding of 45 billion euros – on top of what has already been allocated," the European Commissioner concluded.
