{"id":163364,"date":"2026-09-09T22:39:09","date_gmt":"2026-09-09T22:39:09","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/163364\/"},"modified":"2026-09-09T22:39:09","modified_gmt":"2026-09-09T22:39:09","slug":"ukraines-27-billion-budget-shortfall-puzzles-brussels-the-new-voice-of-ukraine","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/163364\/","title":{"rendered":"Ukraine\u2019s $27 billion budget shortfall puzzles Brussels \/ The New Voice of Ukraine"},"content":{"rendered":"<p>                            <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/09\/48b822ede76b524d3772bce710c512f7.png\" width=\"900\" height=\"450\" loading=\"eager\" fetchpriority=\"high\" alt=\"Volodymyr Zelenskyy and European leaders (Photo: Ludovic Marin\/Pool via REUTERS)\"\/><\/p>\n<p class=\"article__content__head_img-info\">\n                Volodymyr Zelenskyy and European leaders (Photo: Ludovic Marin\/Pool via REUTERS)\n        <\/p>\n<p class=\"MsoNormal\">President Volodymyr Zelenskyy\u2019s recent statement that<br \/>\nUkraine faces an unexpectedly large $27 billion defense <a href=\"https:\/\/english.nv.ua\/nation\/ukraine-faces-32-6-billion-2027-funding-gap-50638722.html\" rel=\"nofollow noopener\" target=\"_blank\">budget<br \/>\nshortfall<\/a> through the end of 2026 has surprised and alarmed Kyiv\u2019s European<br \/>\nallies, The New York Times <a href=\"https:\/\/www.nytimes.com\/2026\/09\/09\/world\/europe\/ukraine-war-cost.html\" rel=\"nofollow noopener\" target=\"_blank\">reported<\/a><br \/>\non Sept. 9, citing European diplomats.<\/p>\n<p class=\"MsoNormal\">The $27 billion figure was first mentioned last month, when<br \/>\nscores of European officials arrived in Kyiv to mark Ukraine\u2019s Independence Day<br \/>\non Aug. 24.<\/p>\n<p class=\"MsoNormal\">\u201cIn private, some have questioned whether money is being<br \/>\nspent efficiently, two European officials said, or whether needs are being<br \/>\noverstated,\u201d the report said.<\/p>\n<p class=\"MsoNormal\">European officials are now seeking to determine how the<br \/>\nshortfall arose, its exact size, and whether additional funds should be<br \/>\nprovided in 2026, and, if so, how. Kyiv has also approached the UK, Canada, and<br \/>\nJapan for help covering the gap, according to The New York Times.<\/p>\n<p class=\"MsoNormal\">\u201cThe surprise request threatens to complicate Ukraine\u2019s<br \/>\nrelationship with allies at a moment it needs their support,\u201d the article adds.<\/p>\n<p class=\"MsoNormal\">\u201cThe United States has stepped back from backing Kyiv<br \/>\nfinancially, making European money more essential. But national leaders must<br \/>\nbalance their support for Ukraine with domestic spending priorities, or risk<br \/>\nangering voters.\u201d<\/p>\n<p class=\"MsoNormal\">The Ukrainian budget shortfall also serves as a \u201cstark<br \/>\nreminder\u201d that the cost of supporting Ukraine is rising, NYT noted.<\/p>\n<p class=\"MsoNormal\">\u201cThe nation faces relentless attacks from Russia, including<br \/>\nstrikes on ports that have deprived it of a major source of revenue,\u201d the<br \/>\nreport said.<\/p>\n<p class=\"MsoNormal\">\u201cIt is also critically low on U.S.-made interceptor missiles<br \/>\ncapable of shooting down ballistics, and is trying to scale up development of<br \/>\nits own alternatives.\u201d<\/p>\n<p class=\"MsoNormal\">In April, the European Union approved a EUR90 billion ($105<br \/>\nbillion) loan for Ukraine after a contentious political process. The assistance<br \/>\nis to be distributed over two years: half in 2026 and the remainder in 2027.<\/p>\n<p class=\"MsoNormal\">\u201cPaying it out faster may be the only workable option for<br \/>\ngetting Ukraine more cash quickly, eight European diplomats and officials<br \/>\nagreed,\u201d NYT said.<\/p>\n<p class=\"MsoNormal\">\u201cSome European officials have suggested that momentum is<br \/>\nbuilding behind such a plan.\u201d<\/p>\n<p class=\"MsoNormal\">Ukraine is also urging the EU to confiscate roughly $200<br \/>\nbillion worth of frozen Russian assets, currently held in the Belgian clearing<br \/>\nhouse Eurocelar. The last time the move was debated, last-minute opposition from<br \/>\nBelgium forced Europe to settle on a joint loan instead.<\/p>\n<p class=\"MsoNormal\">\u201cBelgium remains skittish, worried that seizing a foreign<br \/>\nnation\u2019s assets could trigger a financial crisis by sending a signal that<br \/>\nforeign cash can be seized for political reasons, causing those savers to pull<br \/>\ntheir money out of Euroclear and other European financial institutions,\u201d the<br \/>\nnewspaper said.<\/p>\n<p class=\"MsoNormal\">\u201cGiven such barriers, any agreement to use the frozen money<br \/>\nwould take months, if one is possible at all.\u201d<\/p>\n<p style=\"font-weight: bold\">Follow us on <a href=\"https:\/\/twitter.com\/NewVoiceUkraine\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>, <a href=\"https:\/\/www.facebook.com\/TheNewVoiceUkraine\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> and<br \/>\n                    <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLeesQswxLnIAw\" target=\"_blank\" rel=\"nofollow noopener\">Google News<\/a><\/p>\n<p>        <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Volodymyr Zelenskyy and European leaders (Photo: Ludovic Marin\/Pool via REUTERS) President Volodymyr Zelenskyy\u2019s recent statement that Ukraine faces&hellip;\n","protected":false},"author":2,"featured_media":163365,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[104],"tags":[211,210,76362,59305,6512,76363,3399],"class_list":["post-163364","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brussels","tag-belgium","tag-brussels","tag-eu-e90-billion-loan-ukraine","tag-euroclear","tag-european-union-eu","tag-financial-aid","tag-volodymyr-zelenskyy"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/117243489102097831","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/163364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=163364"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/163364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/163365"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=163364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=163364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=163364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}