EU plans to send €90 billion aid package to Ukraine in two years, as Kremlin allocates 40% of its budget for war in 2026

The EU is ready to cover two-thirds of Ukraine’s financial needs over the next two years. The aid is estimated at €90 billion, with the remainder provided by international partners, according to EU Commission President Ursula von der Leyen, as reported by The Guardian.

How will the support be financed?

Sources of funds:

• EU borrowing on financial markets.
• Use of part of Russia’s frozen assets in the EU totaling €210 billion.

Use of funds:

• Primarily for the production and purchase of military aid for Ukraine within Europe and the European Economic Area, occasionally including external procurement.

"Since pressure is the only language the Kremlin responds to, we can also dial it up,” von der Leyen states.

The EU will implement control mechanisms to ensure proper use of funds and protect member states from legal claims over the assets. 

Earlier, Belgium expressed concerns about the proposal, but the European Commission stated that the majority of risks had been addressed and the decision could be adopted without Belgium, requiring only a qualified majority.

The US reacted positively to the plan.

Since Donald Trump took office, the US has not issued any military aid package for Ukraine. However, it produces weapons under the PURL initiative, financed by Ukraine's allies in NATO. 

Von der Leyen emphasized long-term support for Ukraine, noting that Russia has all the means to prolong the war and is still not ready to sit at the negotiation table repeatedly offered by President Zelenskyy. 

"We are raising the price for Russia for its aggressive war. And this should be an additional incentive for Russia to sit down at the negotiating table," said Ursula von der Leyen.

In 2025, Ukraine's Intelligence said Russia spends nearly $1 billion daily on its war against Ukraine.