The European Commission has called on the United Kingdom, Canada and Japan to increase financial and military assistance to Ukraine, noting that countries outside the European Union (EU) have pledged only €4 billion in 2027 compared with €19 billion planned for 2026.
Total aid from the Group of Seven (G7) and Kyiv’s assessed needs
Members of the Group of Seven (G7) (the United States, the United Kingdom, Canada and Japan) are, under current plans, set to provide only €1 billion in 2027. Kyiv says it will face a funding shortfall of €70 billion next year, and this figure has been confirmed by the European Commission.
The European Commission is undertaking contingency planning in case partners in the North Atlantic Treaty Organization (NATO) and the Group of Seven (G7) do not step up support, in order to preserve Ukraine’s financial stability next year.
Funding options and diplomatic pressure from the European Union (EU)
European Commission officials are working on a range of options, including a joint issuance of debt obligations that is planned to be discussed at the summit at the end of November. At the October summit, leaders urged international partners to increase support as soon as possible and have since been holding bilateral talks with the United Kingdom, Canada and other countries.
The governments of the United Kingdom and Canada are preparing to announce their 2027 budgets, and Brussels is watching to see whether they will include new commitments to assist Ukraine. Japan’s Ministry of Foreign Affairs said the country “is considering options to meet Ukraine’s financial needs.”
Distribution of pledges and statements on the level of support
A European Commission spokesperson said that the European Union (EU) and its member states account for 80% of the assistance promised to Ukraine for 2027 and added: “Europe cannot alone meet Ukraine’s financial needs, so international partners must also step up, including allies in NATO.”
At the summit in Brussels, Ukraine’s president Volodymyr Zelensky said the war will cost the country €155 billion next year and urged EU leaders to find the necessary funds. So far the EU has already pledged a €90 billion loan to Ukraine, which the European Commission is disbursing gradually to cover urgent needs in 2026−2027.
