EU says Ukraine no longer requires additional funds in 2026

Tetyana Vysotska - 2 October, 15:37

Ukrainian and EU flags. Stock photo: Getty Images

EU and Ukrainian representatives concluded during a joint meeting on 1 October that Ukraine currently has no need for additional international funding in 2026.

Source: Paula Pinho, Chief Spokesperson of the European Commission, on Friday 2 October, as reported by a European Pravda correspondent in Brussels

Details: The European Commission reported that it had concluded, together with Ukraine, that there is no external financing gap in 2026.

Quote from Pinho: "We had never said that there was a financial gap. This is what we were hearing from reports [from the Ukrainian side – ed.]... yesterday we came to a conclusion, together with our Ukrainian friends, that there is no financial gap."

Details: She emphasised that this is fully in line with what the European Commission had stated earlier when answering questions about Ukraine's additional financial needs.

Quote from Pinho: "When asked, and you had been asking us a number of times about this reported gap, and we were saying we need to sit down with our Ukrainian partners and assess if indeed there is a gap and to what extent."

Background:

In a joint statement on 1 October, the EU and Ukraine announced that they had found opportunities to provide funding for the Ukrainian budget and defence in 2026.
On 2 October, the European Commission allocated a regular €2.9 billion tranche to Ukraine under the Ukraine Facility mechanism; part of the funds was provided through a €90 billion support loan.
On 24 September, it was reported that Ukraine would soon receive almost €3 billion after the Council of the EU approved the eighth regular payment under the Ukraine Facility.
On 29 September in Brussels, EU Commissioner for Enlargement Marta Kos said that the EU was fulfilling its share of the commitments and indicated that it expected Kyiv to do the same. In particular, she called on the Ukrainian authorities to unite for a "reform drive" in exchange for funding.

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