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Brussels hopes unspent defence loans may help plug Ukraine’s budget hole

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Brussels hopes unspent defence loans may help plug Ukraine’s budget hole

The European Commission has reopened €21.3bn in unspent SAFE defence loans, urging EU governments to use them for joint projects with Ukraine, which faces a €70bn budget gap. Brussels cannot force them, but hopes the joint procurement rules will steer some of the money to Kyiv.

READ MORE : http://www.euronews.com/2026/10/29/brussels-hopes-unspent-defence-loans-may-help-plug-ukraines-budget-hole

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