In the European Union's new seven-year budget draft, direct financial support allocated to Ukraine has been reduced to 89 billion euros. This amount represents approximately a 10% decrease compared to the European Commission's earlier proposal of 100 billion euros.
Published on June 11, the draft covers the period from 2028 to 2034. The plan aims to sustain support by directly allocating budget resources to Ukraine until the end of the decade.
While the initial agreement text indicates a reduction in the amount, the Cyprus Presidency, which prepared the draft, is tasked with forming a common position among the 27 member states.
The 89 billion euros allocated for Ukraine is considered alongside a 90 billion euro loan package approved in April. This loan is to be disbursed over two years and aims to cover about two-thirds of Kyiv's total budget needs.
Previous assessments indicated that Ukraine's defense budget still faces a 20 billion euro shortfall for 2026. Therefore, the reduction in direct support could increase Kyiv's financial difficulties if the war extends into 2029 and beyond.
The draft is not yet finalized. The Irish Presidency, which will take over from Cyprus on July 1, aims to reach a full agreement by the end of the year.
The final amount remains uncertain. According to European Commission officials, the support could be reduced to 80 billion euros or even 60 billion euros.
It is not expected that the Commission's initially proposed 100 billion euro package will be maintained, nor is there any forecast that the amount allocated to Ukraine will exceed this level.