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Euronews
Euronews
Jorge Liboreiro

Ukraine needs another €70 billion, but where will the EU find the money?

European Union Ukraine Brussels Volodymyr Zelenksyy European Commission Russia Robert Fico Belgium Euroclear Euronews

The European Union is scrambling to find an additional €70 billion for Ukraine next year, after Russia's escalating assault on the country and its economy rendered the bloc's existing financial support plans insufficient.

At the end of a two-day summit last week, EU leaders heard directly from Ukrainian President Volodymyr Zelenskyy about the scale of the shortfall.

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