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European Commission proposes €100 billion for Ukraine in new EU budget draft - von der Leyen

Ukrinform

Ukraine

Wednesday, July 16


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The European Commission plans to allocate 100 billion euros in the new EU budget for 2028-2034 for the Ukraine Facility.

This was stated by European Commission President Ursula von der Leyen at a press conference after a meeting of the EC board, an Ukrinform correspondent reports.

“We are allocating 100 billion euros for Ukraine. We are doubling the General Fund for Ukraine – to support recovery, resilience and its path to EU membership,” von der Leyen said.

The head of the European Commission recalled that after the last revision of the current budget, 50 billion euros were involved in the Ukraine support program.

Regarding the overall figures for the EU's seven-year draft budget, von der Leyen said:"This is a €2 trillion budget for a new era. A budget that meets Europe's ambitions, Europe's challenges, that strengthens our independence. A budget that is bigger, smarter and clearer. This is a budget that meets the interests of our citizens, our businesses, our partners and our future."

She emphasized that this budget will be the most ambitious of all proposed.

"It is more strategic, more flexible and more transparent," the head of the European Commission said.

Von der Leyen also noted that the European Commission is proposing €200 billion for the Global Europe instrument. According to her, the 75% increase in funding is intended to meet the EU's responsibilities on the world stage, namely supporting enlargement, which is a key priority.

"This is not just a political goal; it is a strategic investment in the stability and prosperity of Europe. That is why we are opening up the entire toolbox of 'Global Europe' to candidate countries - not only technical assistance, but also support for reforms and investments, backed by resources," von der Leyen said.

After the European Commission published a proposal for the formation of a new seven-year budget, the European Parliament and the European Council must express their position.

As reported, the European Parliament believes that security and competitiveness are the new priorities of the EU's new multiannual financial framework plan, in addition to the need to support the common agricultural policy and cohesion policy.

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