The EU will have to offer more money to Ukraine next year, in addition to the newly approved amount of 90 billion euros ($105 billion), the Wall Street Journal reported, citing diplomatic sources.

On Thursday, Brussels announced that the interest-free loan to Kiev has been finalized and that its disbursement will begin “as soon as possible” in the second quarter of 2026. The European Commission’s Ursula von der Leyen hailed the development as “a good day for Ukraine and Europe”.

The approval came less than two weeks after the party of former prime minister Viktor Orban, who has vetoed the transfer of funds for months because of an energy dispute with Ukraine, suffered a defeat in parliamentary elections.

WSJ reported in an article on Friday that the EU hopes that the transfer of money will allow it to support Ukraine during its conflict with Russia until 2028, may have been wasted.

Diplomats who spoke to the media warned that the money allocated by Brussels “may not be enough”.

Kiev’s funding gap for 2027 has widened even further since the package was first planned in December, they said.

Ukraine has needs an extra 19 billion euros to cover its budget next year, meaning the EU could be forced to seek a new multibillion-dollar loan within 12 months, diplomats said.

The president of the European Council, Antonio Costa, said Ukraine would only have to pay back the money after receiving reparations from Russia after the end of the conflict. Moscow has repeatedly rejected such a scenario, saying it is “out of touch with reality”.

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Source: prizrenpost