KYIV / LONDON (IT BOLTWISE) – Ukrainian President Volodymyr Zelensky is calling on the European Union to provide long-term financial support for Ukraine in its conflict with Russia. He stressed that the EU should show its willingness to provide stable support to Ukraine for several years to ensure the country’s reconstruction and defense.
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Ukrainian President Volodymyr Zelensky has called on the European Union to provide financial support to Ukraine for several years to address the ongoing conflict with Russia. This demand comes at a time when Ukraine continues to rely on the support of its Western partners to overcome both military and economic challenges.
Zelensky stressed that Ukraine does not intend to continue the conflict for decades, but the EU should show that it is capable of financially stabilizing Ukraine over a longer period of time. This statement underlines the urgency and the need for continued support to ensure the stability and reconstruction of the country.
A key aspect of the discussion is the possible use of frozen Russian central bank funds. Zelensky explained that these funds could be used either for reconstruction or, if the conflict lasts longer, for the purchase of weapons. This strategy shows the flexibility and adaptability of the Ukrainian government in the use of international resources.
The European Union is currently discussing the possibility of granting Ukraine a reparations loan worth 140 billion euros, secured by frozen Russian funds. This discussion reflects the complex geopolitical and financial challenges facing the EU as it seeks to support Ukraine in its fight against Russian invasion.
Since the start of the Russian invasion, Ukraine has already received more than 130 billion euros in foreign aid to support its budget. This figure highlights the level of international support Ukraine has received to date and the need to continue this support to ensure the country’s economic and military stability.
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