G7 set to leave Ukraine with $52 billion budget black hole despite EU push
1 min readeurope
G7 set to leave Ukraine with $52 billion budget black hole despite EU push
Summary:
- The G7 is preparing a statement acknowledging Ukraine’s battlefield gains but stopping short of clearing a major financial pledge. Ukraine faces a remaining funding gap of about $52 billion after the EU’s 90 billion euro loan package to cover two-thirds of its needs through 2027.
- The EU’s loan cover leaves one-third of Ukraine’s budgetary needs to be funded domestically or by other international partners; Ursula von der Leyen has pressed G7 leaders to address thi
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