The European Union rejects Ukraine's requests to accelerate the allocation of the military loan

“The European Union has so far rejected Kiev’s requests to accelerate the allocation of the loan to cover the unexpected shortfall in military financing in Ukraine for this year,” the agency said.

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European diplomat: Financing Ukraine is like watering the desert

According to the agency, there is talk here of a loan worth 90 billion euros for two years. About 60 billion are allocated to defense purchases, and 30 billion are allocated to support the Ukrainian budget. But out of the 45 billion planned for this year, the European Union has so far provided only 14.9 billion euros.

Meanwhile, Vladimir Zelensky admitted at the end of last August that there was a gap (deficit) in the Ukrainian budget amounting to $27 billion. He called on Europe to provide part of the funds allocated for next year immediately.

The European Union responded that early allocation of funds would only create problems by 2027, and called on Ukraine to focus on implementing the necessary reforms to unlock already planned support.