The European Union is considering creating a special fund of 100 billion euros for long-term financial support for Ukraine, Bloomberg reports, citing sources in EU institutions.
The new fund is planned to be included in the seven-year budget of the European Union. Its presentation is expected in July 2025, and the start of financing is planned for 2028. According to preliminary data, the funds will be provided both in the form of grants and in the form of soft loans. They will be tied to the implementation of reforms necessary for Ukraine's further European integration.
This initiative is gaining relevance against the backdrop of uncertainty over American aid. As is known, the new administration of Donald Trump temporarily suspended the provision of military support to Ukraine last week.
European Commissioner Valdis Dombrovskis said that Brussels is exploring all possible sources of funding for the fund, including revenues from the EU budget and the potential use of profits from frozen Russian assets.
This step is designed to strengthen the role of the European Union as a key donor and strategic partner of Ukraine in the context of a protracted war and the process of approaching EU membership.
