EU leaders to press Burnham to pay more towards Ukraine’s defence
Summary
EU leaders will ask UK Prime Minister Andy Burnham and other G7 countries to increase their financial support for Ukraine’s defense in 2027. The EU is currently covering most of Ukraine’s funding needs but wants other allies like the UK, Canada, and Japan to contribute more as the war with Russia continues.Key Facts
- Ukraine faces a €70 billion funding gap in 2027 for defense and civilian needs.
- The EU covers 80% of Ukraine’s financial needs but wants to reduce this to two-thirds, with other countries covering the rest.
- The EU has called on the UK, Canada, and Japan at recent meetings to increase financial aid but has not received firm commitments.
- The UK has pledged £25 billion to Ukraine so far, including £16 billion in military aid.
- When adjusted for the size of their economies, the UK spends less on Ukraine than Germany and France but more than some other countries.
- EU officials may also seek help from countries like Switzerland, South Korea, Australia, and New Zealand.
- Ukraine’s war with Russia is entering its fifth winter, increasing the country’s costs.
- The EU-UK summit will discuss Ukraine aid along with trade deals and youth mobility between the EU and UK.
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