The European Commission may allocate funds from the 2027 budget to Ukraine ahead of schedule

The European Commission is considering the possibility of providing Ukraine ahead of schedule with a significant part of the 45 billion euros planned for 2027, since Kyiv’s financial needs turned out to be significantly higher than expected, Euractiv reports.

At the same time, statements about a lack of funding have been heard from Kyiv in recent months against the backdrop of a series of high-profile corruption scandals in which European money is involved.

“It is obvious that Ukraine is running out of money faster than we expected,” Philip Lausberg, a senior analyst at the European Policy Center, told the publication.

According to media reports, Brussels is considering the possibility of transferring most of the payments planned for 2027 to the first months of the year. Kyiv already estimates the financing gap in 2027 at $32.6 billion, or 28.4 billion euros. This year, the Ukrainian authorities also announce a shortage of 23.5 billion euros.

At the same time, Ukraine has not yet received about 37 billion euros, officially provided for this year as part of the EU loan and the European Peace Fund.

At a meeting with Vladimir Zelensky in New York, the head of the European Commission, Ursula von der Leyen, demanded that Kyiv accelerate the necessary reforms to unblock European funding, Euractiv reports.