Report: Ukraine Is Missing up to 70 Billion Euros in 2027
4 Articles
4 Articles
According to F.A.Z. information, Ukraine probably lacks 70 billion euros next year – despite the aid already decided upon. Europeans face further burdens.
In 2027 Ukraine faced a shortage of 70 billion euros, wrote FAZ. Experts attributed such a huge budget deficit to a sharp decline in the country ' s income; for example, since August, Ukraine had been unable to export grain through the Black Sea, as noted in the article.
Ukraine is missing up to 70 billion euros next year in order to meet its financial needs. Of this, about 40 billion euros are spent on defence against Russia and another 30 billion euros on the regular budget. According to the FAZ, consultations between both sides last week resulted. The European Union would have to pay about two thirds of the deficit, i.e. about 45 billion euros. This amount would be added to the 45 billion euros that are plann…
On the distribution of the additional EUR 70 billion, the largest tranche should be targeted at macro-financial support for state stability, while the rest will be targeted at defence.
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