On October 16, 2026, Ukrainian President Volodymyr Zelensky addressed the European Council, stating that the cost of the war in Ukraine would amount to €155 billion next year. He emphasized the need for at least €70 billion in additional support from the European Union to bolster Ukraine's defense capabilities.
Funding Ukraine's Defense
Zelensky highlighted that these funds would be allocated for:
- Defense
- Procurement of weapons
- Ensuring the country's resilience in wartime
The president stressed that this amount is realistic and necessary to counter the aggression from Russia. He also pointed out that Putin is shaping the federal budget to increase spending on the war, which requires active measures from Ukraine and its allies.
The Importance of International Support
Zelensky urged European leaders to find ways to provide this support, as it would help Ukraine halt Russian military operations. The president emphasized that technological solutions can significantly reduce defense costs, making the support even more crucial.
Prospects for Cooperation with the EU
Zelensky's appeal to the EU indicates a continued active collaboration between Ukraine and European countries in the field of security. It is essential for Europe to recognize the criticality of the situation and responsibly address the issue of financial support for Ukraine in wartime.