The European Union will revisit the issue of financing Ukraine if a newly agreed 90-billion-euro loan proves insufficient, Lithuanian President Gitanas Nausėda said Friday.
“The financing issue has been resolved. The European Union has found a way to finance Ukraine with 90 billion euros in 2026–27,” Nausėda told LRT in Brussels.
“We will return to the financing issue at the next regular European Council, and this decision taken today resolves all issues related to Ukraine’s needs at this time,” he said. “If additional funding is needed, the European Union is ready to look for solutions, and those solutions will be found.”
The EU estimates Ukraine will need an additional 135 billion euros to cover its needs over the next two years, with funding pressures expected to emerge as early as April.
After months of difficulty finding a consensus, EU leaders agreed during overnight summit talks in Brussels to arrange a two-year loan backed by the bloc’s common budget.
Read more: LRT.LT
