German Chancellor Friedrich Merz threatened to block the European Union’s next seven-year budget for 2028–2034 unless all member states committed to providing financial support for Ukraine in 2027 and beyond. Financial Times reviewed Merz’s letter to European Council President António Costa.
Merz wrote that a collective commitment by all countries, without exception, to fairly share the burden of closing Ukraine’s financial gap was a mandatory condition for discussing any other issues. Kyiv’s funding shortfall next year is estimated at €70 billion.

“Unacceptable”
Slovakia, Czechia, Hungary and Bulgaria opposed the ultimatum, calling this approach unacceptable. Media reports said Costa attempted to reassure Merz in a reply.
Ukraine funding will be one of the main topics at the EU leaders’ meeting in Dublin on Thursday and Friday.
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